Plan Ledger DOL Form 5500 · updated monthly

Johnson's Modern Electric Company, Inc.benefits

Johnson's Modern Electric Company, Inc. Health and Welfare Plan · EAST BEND, NC · plan year 2024

Broker compensation reported · 2024
$49,336

Johnson's Modern Electric Company, Inc.'s benefits plans covered 147 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $49,336 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $336 per covered person, above the median for employer plans that report broker pay. Broker pay fell 8.8% from $54,109 in 2023.

Insurance contracts · 20242
BLUE CROSS AND BLUE SHIELD OF NORTH CAROLINA · health drug ppopremiums n/a · 126 covered
GUARDIAN · dental vision life std ltdpremiums n/a · 147 covered
Brokers & agents paid · 20243
DIGITAL INSURANCE INC$33,647 · incl $8,270 fees
THE BENEFIT COMPANY, INC.$6,831
Also brokered by Digital Insurance Inc5
Commure, Inc. CA$350,750
Formagrid, Inc. CA$345,762

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 560928529 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.