Plan Ledger DOL Form 5500 · updated monthly

Metcut Research Associates Inc.benefits

Metcut Research Associates Inc. Health Benefit Plan · CINCINNATI, OH · plan year 2024

Broker compensation reported · 2024
$49,687

Metcut Research Associates Inc.'s benefits plans covered 146 active participants in 2024, providing health · dental · vision. Insurance premiums totaled $1,533,978. Insurance brokers and agents were paid $49,687 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.2% of premiums. That is $340 per covered person, above the median for employer plans that report broker pay. Broker pay fell 0.5% from $49,956 in 2023.

Insurance contracts · 20243
MEDICAL MUTUAL OF OHIO · health drug$1.5M · 139 covered
AMERITAS LIFE INSURANCE CORP. · dentalpremiums n/a · 319 covered
PRINCIPAL LIFE INSURANCE COMPANY · visionpremiums n/a · 231 covered
Brokers & agents paid · 20246
HORAN ASSOCIATES, INC.$30,097 · incl $11,463 fees
HUB HEARTLAND LLC$12,919 · incl $3,676 fees
HUB INTERNATIONAL LIMITED$412 · incl $412 fees
WATCHTOWER BENEFITS, LLC$198 · incl $198 fees
Also brokered by Horan Associates, Inc.5
Modula Inc ME$94,612

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 310599320 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.