Plan Ledger DOL Form 5500 · updated monthly

McCormick Equipment Company Inc.benefits

McCormick Equipment Company, Inc. Employee Benefit Plan · LOVELAND, OH · plan year 2024

Broker compensation reported · 2024
$36,176

McCormick Equipment Company Inc.'s benefits plans covered 213 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $36,176 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $170 per covered person, below the median for employer plans that report broker pay. Broker pay fell 16% from $43,245 in 2023.

Insurance contracts · 20247
UNITED OF OMAHA LIFE INSURANCE COMPANY · ltdpremiums n/a · 8 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 213 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 87 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · ltdpremiums n/a · 95 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · stdpremiums n/a · 117 covered
COMMUNITY INSURANCE COMPANY · visionpremiums n/a · 335 covered
METROPOLITAN LIFE INSURANCE COMPANY · dentalpremiums n/a · 367 covered
Brokers & agents paid · 20243
MARSH & MCLENNAN AGENCY LLC$16,544 · incl $4,157 fees
MARSH USA LLC$6,148 · incl $1,536 fees
MARSH AND MCLENNAN AGENCY LLC$13,484 · incl $4,448 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 310674071 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.