Plan Ledger DOL Form 5500 · updated monthly

Logic Information Systems, Inc.benefits

Logic Information Systems, Inc Life and Ad&D Plan · BLOOMINGTON, MN · plan year 2024

Broker compensation reported · 2024
$31,784

Logic Information Systems, Inc.'s benefits plans covered 132 active participants in 2024, providing life. Insurance brokers and agents were paid $31,784 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $241 per covered person, above the median for employer plans that report broker pay. Brokers were paid 3.5x the $9,060 reported for 2023.

Insurance contracts · 20246
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 132 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · stdpremiums n/a · 132 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · ltdpremiums n/a · 132 covered
Brokers & agents paid · 20243
BROWN & BROWN INSURANCE SERVICES$21,888 · incl $5,472 fees
BROWN & BROWN INSURANCE SERVICE$7,540 · incl $2,380 fees
Also brokered by Brown & Brown5
Srm Concrete, LLC TN$1,315,284

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 411892770 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.