Plan Ledger DOL Form 5500 · updated monthly

Multimatic Indiana, Inc.benefits

Multimatic Indiana, Inc. Employee Benefit Plan · BUTLER, IN · plan year 2024

Broker compensation reported · 2024
$313,595

Multimatic Indiana, Inc.'s benefits plans covered 977 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $313,595 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $321 per covered person, above the median for employer plans that report broker pay. Brokers were paid 3.4x the $93,145 reported for 2023.

Insurance contracts · 20242
GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental vision std ltdpremiums n/a · 1,022 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · lifepremiums n/a · 1,051 covered
Brokers & agents paid · 20242
MERCER HEALTH AND BENEFITS, LLC.$201,344 · incl $22,732 fees
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 980335435 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.