Plan Ledger DOL Form 5500 · updated monthly

New York Air Brakebenefits

Knorr Brake Holding Corporation Group Business Travel Accident · WATERTOWN, NY · plan year 2024

Broker compensation reported · 2024
$65,398

New York Air Brake's benefits plans covered 4,575 active participants in 2024, providing death benefits. Insurance brokers and agents were paid $65,398 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $14 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 19% from $81,114 in 2023.

Insurance contracts · 20247
ACE AMERICAN INSURANCE COMPANYpremiums n/a · 4,575 covered
HARTFORD LIFE AND ACCIDENT · life std ltdpremiums n/a · 867 covered
AETNA BEHAVIORAL HEALTH, LLCpremiums n/a · 763 covered
VISION SERVICE PLAN · visionpremiums n/a · 509 covered
HARTFORD LIFE AND ACCIDENT · life std ltdpremiums n/a · 867 covered
VISION SERVICE PLAN · visionpremiums n/a · 509 covered
AETNA BEHAVIORAL HEALTH, LLCpremiums n/a · 763 covered
Brokers & agents paid · 20242
MERCER HUMAN RESOURCE CONSULTING$4,624 · incl $4,624 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 161385584 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.