Lewis Machine and Tool Co.benefits
Lewis Machine and Tool Co. Employee Benefits Plan · ELDRIDGE, IA · plan year 2024
Broker compensation reported · 2024
$32,191
Lewis Machine and Tool Co.'s benefits plans covered 277 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $32,191 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $116 per covered person, below the median for employer plans that report broker pay. Broker pay fell 12% from $36,538 in 2023.
Insurance contracts · 20243
WELLMARK BLUE CROSS AND BLUE SHIELD OF IOWA · health ppopremiums n/a · 66 covered
WELLMARK HEALTH PLAN OF IOWA · health hmopremiums n/a · 71 covered
METROPOLITAN LIFE INSURANCE COMPANY · dental vision life std ltdpremiums n/a · 448 covered
Brokers & agents paid · 20242
LB BENEFITS INC$22,522 · incl $3,180 fees
KEYSTONE INSURERS GROUP INC$9,669 · incl $1,900 fees
Also brokered by Lb Benefits Inc4
Key Auto Mall, Inc. IL$69,608
Green Buick Gmc, Inc IL$43,803
Blackhawk Bank & Trust IL$29,634
Gold Star Fs, Inc IL$13,844
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 363209189 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.