Machine Specialties, LLCbenefits
Machine Specialties, LLC Health & Welfare Plan · WHITSETT, NC · plan year 2024
Broker compensation reported · 2024
$124,453
Machine Specialties, LLC's benefits plans covered 352 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $124,453 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $354 per covered person, above the median for employer plans that report broker pay. Brokers were paid 3.8x the $32,532 reported for 2023.
Insurance contracts · 20244
BLUE CROSS AND BLUE SHIELD OF NORTH CAROLINA · health drug ppopremiums n/a · 512 covered
COMMUNITY EYE CARE, LLC · visionpremiums n/a · 414 covered
AMERICAN UNITED LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 352 covered
AMERICAN HERITAGE LIFE INSURANCE COMPANYpremiums n/a · 152 covered
Brokers & agents paid · 20247
GRANT CAMPBELL$83,394
OAKBRIDGE INSURANCE AGENCY, LLC$30,141 · incl $5,098 fees
ROXANNE WELLS$1,992
GALLAGHER BENEFIT SVCS, INC.$762 · incl $723 fees
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 560939724 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.