Macallister Machinery Co., Inc. Kari a. Caldwellbenefits
Macallister Machinery Co., Inc. Welfare Benefit Plan for Union Employees · INDIANAPOLIS, IN · plan year 2024
Macallister Machinery Co., Inc. Kari a. Caldwell's benefits plans covered 804 active participants in 2024, providing life · long-term disability · other. Insurance premiums totaled $411,773. Insurance brokers and agents were paid $54,491 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 13.2% of premiums. That is $68 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 57% from $34,809 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 350791060 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.