Plan Ledger DOL Form 5500 · updated monthly

Joseph Machine Company, Inc.benefits

Joseph Machine Company, Inc. Employee Benefit Plan · DILLSBURG, PA · plan year 2024

Broker compensation reported · 2024
$26,386

Joseph Machine Company, Inc.'s benefits plans covered 115 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $26,386 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $229 per covered person, above the median for employer plans that report broker pay. Broker pay rose 5.2% from $25,072 in 2023.

Insurance contracts · 20243
UNITED CONCORDIA INSURANCE COMPANY · dentalpremiums n/a · 204 covered
FSL · visionpremiums n/a · 198 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 115 covered
Brokers & agents paid · 20243
AMERICAN INSURANCE ADMINISTRATIORS$20,973 · incl $5,948 fees
ALERA GROUP, INC$3,375 · incl $3,375 fees
NATIONAL BENEFIT CENTER$2,038 · incl $2,038 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 251605514 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.