Plan Ledger DOL Form 5500 · updated monthly

Japs-Olson Companybenefits

Health & Welfare Plan for Employees of Japs-Olson Company · ST LOUIS PARK, MN · plan year 2024

Broker compensation reported · 2024
$24,474

Japs-Olson Company's benefits plans covered 525 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $24,474 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $47 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 2.9% from $25,206 in 2023.

Insurance contracts · 20243
SUN LIFE ASSURANCE COMPANY OF CANADA · lifepremiums n/a · 525 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · dental ltdpremiums n/a · 509 covered
BLUE CROSS AND BLUE SHIELD OF MINNESOTA · visionpremiums n/a · 315 covered
Brokers & agents paid · 20241
MARSH & MCLENNAN AGENCY LLC$24,474 · incl $1,257 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 410333810 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.