Plan Ledger DOL Form 5500 · updated monthly

Model 1 Commercial Vehicles, Inc.benefits

Model 1 Commercial Vehicles Welfare Benefit Plan · INDIANAPOLIS, IN · plan year 2024

Broker compensation reported · 2024
$95,404

Model 1 Commercial Vehicles, Inc.'s benefits plans covered 667 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $95,404 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $143 per covered person, below the median for employer plans that report broker pay. Broker pay fell 24% from $125,784 in 2023.

Insurance contracts · 20241
UNITED OF OMAHA LIFE INSURANCE COMPANY · dental vision life std ltdpremiums n/a · 668 covered
Brokers & agents paid · 20242
GIBSON INSURANCE AGENCY, INC.$65,806
JAMES R. NELLIGAN & ASSOCIATES, LLC$29,598 · incl $29,598 fees
Also brokered by Gibson Insurance Agency, Inc.5
Forest River, Inc. IN$1,068,751
Boyd Corporation CA$234,190

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 330388707 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.