Plan Ledger DOL Form 5500 · updated monthly

National Bulk Equipment Incbenefits

National Bulk Equipment, Inc. Health & Benefits Plan · HOLLAND, MI · plan year 2024

Broker compensation reported · 2024
$6,477

National Bulk Equipment Inc's benefits plans covered 500 active participants in 2024, providing health · dental · vision · long-term disability · short-term disability · life · other. Insurance brokers and agents were paid $6,477 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $13 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 82% from $35,406 in 2023.

Insurance contracts · 20241
PRINCIPAL LIFE INSURANCE COMPANY · dental vision life std ltdpremiums n/a · 255 covered
Brokers & agents paid · 20241
BERENDS HENDRICKS STUIT INS AGENCY$6,477 · incl $4,622 fees
Also brokered by Berends Hendricks Stuit Ins Agency5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 382120303 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.