Plan Ledger DOL Form 5500 · updated monthly

L & M Supply Incbenefits

L&M Supply, Inc. Employee Benefits Plan · GRAND RAPIDS, MN · plan year 2024

Broker compensation reported · 2024
$16,018

L & M Supply Inc's benefits plans covered 320 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance brokers and agents were paid $16,018 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $50 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 3.8% from $16,650 in 2023.

Insurance contracts · 20241
METROPOLITAN LIFE INSURANCE COMPANY · vision life ltdpremiums n/a · 751 covered
Brokers & agents paid · 20241
WHEELER ASSOCIATES$16,018
Also brokered by Wheeler Associates5
Amsoil Inc WI$31,769

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 410856419 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.