Plan Ledger DOL Form 5500 · updated monthly

Loeber Motors, Incbenefits

Welfare Benefit Plan · LINCOLNWOOD, IL · plan year 2024

Broker compensation reported · 2024
$57,365

Loeber Motors, Inc's benefits plans covered 207 active participants in 2024, providing dental · life · death benefits. Insurance brokers and agents were paid $57,365 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $277 per covered person, above the median for employer plans that report broker pay. Broker pay rose 18% from $48,779 in 2023.

Insurance contracts · 20242
BLUE CROSS BLUE SHIELD OF ILLINOIS · healthpremiums n/a · 163 covered
PRINCIPAL LIFE INSURANCE COMPANY · dental lifepremiums n/a · 198 covered
Brokers & agents paid · 20242
GALLAGHER BENEFIT SERVICES, INC$4,036 · incl $1,496 fees
Also brokered by Gallagher5
Chem Carriers, LLC LA$5,531,992

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 362068847 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.