Plan Ledger DOL Form 5500 · updated monthly

Minnesota Elevator, Inc.benefits

Minnesota Elevator, Inc. Health and Welfare Benefit Plan · MANKATO, MN · plan year 2025

Broker compensation reported · 2025
$24,002

Minnesota Elevator, Inc.'s benefits plans covered 212 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $24,002 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $113 per covered person, below the median for employer plans that report broker pay. Broker pay rose 109% from $11,505 in 2024.

Insurance contracts · 20254
BLUE CROSS AND BLUE SHIELD OF MINNESOTA · healthpremiums n/a · 362 covered
HEALTHPARTNERS, INC. · dentalpremiums n/a · 400 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · life std ltdpremiums n/a · 212 covered
Brokers & agents paid · 20251
MARSH & MCLENNAN AGENCY LLC$24,002 · incl $3,893 fees
Also brokered by Marsh McLennan Agency5
Rme LTD. LLC CO$10,578,643

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 410972538 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.