Midwest Specialties, Inc.benefits
Midwest Specialties, Inc. dba Flexarm · WAPAKONETA, OH · plan year 2024
Broker compensation reported · 2024
$15,485
Midwest Specialties, Inc.'s benefits plan covered 114 active participants in 2024, providing short-term disability · life · other · dental · vision. Insurance premiums totaled $50,310. Insurance brokers and agents were paid $15,485 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 30.8% of premiums. That is $136 per covered person, below the median for employer plans that report broker pay.
Insurance contracts · 20245
DELTA DENTAL OF OHIO · dental$50K · 182 covered
PAN-AMERICAN LIFE INSURANCE COMPANY · stop-losspremiums n/a · 100 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · stdpremiums n/a · 63 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 56 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 85 covered
Brokers & agents paid · 20244
STRATEGIC BENEFITS$10,225 · incl $2,443 fees
STRATEGIC BENEFITS OF CINCINNATI$1,172
GI GEORGE PARENT LP$888 · incl $888 fees
Also brokered by Strategic Benefits5
Steed Hammond Paul, Inc. OH$9,983
Svg Motors LLC OH$6,488
Easter Seals Tristate, LLC OH$5,058
Valls Group Holdings, Inc. FL$3,566
Perko, Inc. FL$3,259
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 341085318 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.