Plan Ledger DOL Form 5500 · updated monthly

Minnesota AG Power, Incbenefits

Midwest Machinery Company Erisa Wrap Plan · GLENCOE, MN · plan year 2025

Broker compensation reported · 2025
$237,232

Minnesota AG Power, Inc's benefits plans covered 586 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $237,232 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $405 per covered person, above the median for employer plans that report broker pay. Broker pay fell 3.5% from $245,869 in 2024.

Insurance contracts · 20257
HEALTHPARTNERS ADMINISTRATORS INC · health dental stop-losspremiums n/a · 469 covered
PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY · lifepremiums n/a · 133 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · ltdpremiums n/a · 244 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life stdpremiums n/a · 586 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 423 covered
STARMOUNT LIFE INSURANCE COMPANY · visionpremiums n/a · 267 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 360 covered
Brokers & agents paid · 20256
ALAN NAGEL$179,786 · incl $9,940 fees
MINNESOTA BENEFIT ADVISORS INC$47,637
MINNESOTA BENEFIT ADVISORS$4,335
SMITH, THOMAS CHRISTOPHER$3,867 · incl $91 fees
SMITH, THOMAS, CHRISTOPHER$1,423 · incl $28 fees
2 individual agents · names withheld$184

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.

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 200145525 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.