Plan Ledger DOL Form 5500 · updated monthly

Madison Precision Products, Inc.benefits

Madison Precision Products, Inc. Employee Benefit Plan · MADISON, IN · plan year 2024

Broker compensation reported · 2024
$89,766

Madison Precision Products, Inc.'s benefits plans covered 365 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance brokers and agents were paid $89,766 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $246 per covered person, above the median for employer plans that report broker pay. Broker pay fell 2.9% from $92,457 in 2023.

Insurance contracts · 20249
RELIANCE STANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 365 covered
RELIANCE STANDARD LIFE INSURANCE COMPANYpremiums n/a · 112 covered
LIFESPRING HEALTH SYSTEMS, INC.premiums n/a · 341 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 62 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · ltdpremiums n/a · 33 covered
RELIANCE STANDARD LIFE INSURANCE COMPANYpremiums n/a · 203 covered
RELIANCE STANDARD LIFE INSURANCE COMPANYpremiums n/a · 127 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · ltdpremiums n/a · 137 covered
Brokers & agents paid · 20243
APEX BENEFITS GROUP INC.$43,870
SELERIX INSURANCE SERVICE, LLC$43,344 · incl $10,419 fees
Also brokered by Apex Benefits Group Inc.5

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 330281975 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.