Plan Ledger DOL Form 5500 · updated monthly

J & R Schugel Holdings, Inc.benefits

J & R Schugel Holdings, Inc. Employee Benefit Plan and Trust · NEW ULM, MN · plan year 2024

Broker compensation reported · 2024
$197,763

J & R Schugel Holdings, Inc.'s benefits plans covered 420 active participants in 2024, providing health · life · short-term disability · long-term disability · other. Insurance brokers and agents were paid $197,763 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $471 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 21% from $162,909 in 2023.

Insurance contracts · 20242
COMBINED INSURANCE COMPANY OF AMERICApremiums n/a · 458 covered
PRUDENTIAL INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 547 covered
Brokers & agents paid · 20247
STEPHENS INSURANVE, LLC$60,625
EXPLAIN MY BENEFITS LLC$71,845
STEPHENS INSURANCE, INC$20,730
AVANT SPECIALTY BENEFITS, LLC$12,361 · incl $12,361 fees
IMG$94 · incl $94 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 411239449 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.