Plan Ledger DOL Form 5500 · updated monthly

Maxon Industriesbenefits

Maxon Industries dba Maxon Lift Corp. · SANTA FE SPRINGS, CA · plan year 2024

Broker compensation reported · 2024
$140,349

Maxon Industries's benefits plans covered 138 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance brokers and agents were paid $140,349 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,017 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 28% from $109,891 in 2023.

Insurance contracts · 20248
CALIFORNIA PHYSICIANS SERVICE · health drugpremiums n/a · 115 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 121 covered
VISION SERVICE PLAN · visionpremiums n/a · 112 covered
METROPOLITAN LIFE INSURANCE COMPANY · dentalpremiums n/a · 395 covered
COLONIAL LIFE & ACCIDENT INSURANCE COMPANY · life stdpremiums n/a · 8 covered
COLONIAL LIFE & ACCIDENT INSURANCE COMPANY · life stdpremiums n/a · 5 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 138 covered
Brokers & agents paid · 20242
BROWN & BROWN INSURANCE SERVICES$139,636 · incl $112,674 fees
COLONIAL LIFE & ACCIDENT$713
Also brokered by Brown & Brown5
Srm Concrete, LLC TN$1,315,284

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 954386345 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.