Plan Ledger DOL Form 5500 · updated monthly

Mazak Corporationbenefits

Mazak Corporation Health & Benefits Plan · FLORENCE, KY · plan year 2024

Broker compensation reported · 2024
$140,421

Mazak Corporation's benefits plans covered 864 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $140,421 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $163 per covered person, below the median for employer plans that report broker pay. Broker pay rose 2.3% from $137,245 in 2023.

Insurance contracts · 20245
UNITEDHEALTHCARE INSURANCE COMPANY · visionpremiums n/a · 780 covered
RELIASTAR LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 1,459 covered
SHELTERPOINT LIFE INSURANCE COMPANY · stdpremiums n/a · 11 covered
FEDERAL INSURANCE COMPANYpremiums n/a · 864 covered
Brokers & agents paid · 20245
USI INSURANCE SERVICES LLC$117,631 · incl $66 fees
PLANSOURCE BENEFITS ADMIN., INC.$22,574 · incl $22,574 fees
SEAGE, LLC$81
L-K MARKETING GROUP, LLC$27
Individual agent · names withheld$108

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Usi5
The Faison Center VA$1,640,677

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 112161864 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.