Plan Ledger DOL Form 5500 · updated monthly

Northern Tool & Equipment Company, Inc.benefits

Northern Tool & Equipment Company, Inc. Group Benefits Plan · BURNSVILLE, MN · plan year 2024

Broker compensation reported · 2024
$227,749

Northern Tool & Equipment Company, Inc.'s benefits plans covered 2,086 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $227,749 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $109 per covered person, below the median for employer plans that report broker pay. Broker pay fell 19% from $281,886 in 2023.

Insurance contracts · 20242
HARTFORD LIFE AND ACCIDENT · life std ltdpremiums n/a · 2,544 covered
Brokers & agents paid · 20242
LOCKTON COMPANIES, LLC$223,114 · incl $77,407 fees
EOI SERVICE COMPANY, LLC$4,635 · incl $883 fees
Also brokered by Lockton5
Banner Health AZ$3,011,257

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 411405311 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.