Plan Ledger DOL Form 5500 · updated monthly

Matsuo Industries USA, Incbenefits

Matsuo Industries USA, Inc. Health and Welfare Plan · JEFFERSON CITY, TN · plan year 2024

Broker compensation reported · 2024
$59,885

Matsuo Industries USA, Inc's benefits plans covered 127 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,028,405. Insurance brokers and agents were paid $59,885 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.8% of premiums. That is $472 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 6.2% from $63,861 in 2023.

Insurance contracts · 20245
BLUECROSS BLUESHIELD OF TENNESSEE INC · health dental vision$1.0M · 246 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 138 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · stdpremiums n/a · 127 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · ltdpremiums n/a · 48 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 48 covered
Brokers & agents paid · 20242
STEPHEN HUNGATE$39,436
MCGRIFF INSURANCE SERVICES INC$20,449 · incl $6,703 fees
Also brokered by Stephen Hungate3

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 561874927 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.