Plan Ledger DOL Form 5500 · updated monthly

Lts Lohmann Therapy Systems Corp.benefits

Lts Lohmann Therapy Systems Health & Welfare Plan · WEST CALDWELL, NJ · plan year 2024

Broker compensation reported · 2024
$5,505

Lts Lohmann Therapy Systems Corp.'s benefits plans covered 221 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $141,099. Insurance brokers and agents were paid $5,505 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.9% of premiums. That is $25 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 62% from $14,299 in 2023.

Insurance contracts · 20242
STANDARD INSURANCE COMPANY · life ltd$141K · 221 covered
VISION SERVICE PLAN · visionpremiums n/a · 193 covered
Brokers & agents paid · 20241
ADP, INC.$5,505 · incl $5,505 fees
Also brokered by ADP, Inc.5
Fabsouth LLC FL$33,774

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 521824249 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.