Plan Ledger DOL Form 5500 · updated monthly

Methods Machine Tools, Inc.benefits

The Methods Machine Tools Inc. Employee Benefits Plans · SUDBURY, MA · plan year 2024

Broker compensation reported · 2024
$27,039

Methods Machine Tools, Inc.'s benefits plans covered 294 active participants in 2024, providing health · life · dental · long-term disability · vision · other. Insurance brokers and agents were paid $27,039 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $92 per covered person, below the median for employer plans that report broker pay. Broker pay rose 71% from $15,790 in 2023.

Insurance contracts · 20244
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS · dentalpremiums n/a · 267 covered
EYE MED VISION · visionpremiums n/a · 199 covered
THE STANDARD · life ltdpremiums n/a · 294 covered
Brokers & agents paid · 20245
BROWN & BROWN INSURANCE SERVICES$25,899 · incl $2,529 fees
COLGATE BENEFITS INC$456
ENROLLMENT SOLUTIONS LTD$314
FLEURY ENTERPRISES INC$55
4 individual agents · names withheld$315

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 Brown & Brown5
Srm Concrete, LLC TN$1,315,284

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 042254513 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.