Plan Ledger DOL Form 5500 · updated monthly

Opto International, Incbenefits

Opto International, Inc. Wrap Plan · WOOD DALE, IL · plan year 2024

Previously filed as Opto International Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.

Broker compensation reported · 2024
$77,944

Opto International, Inc's benefits plans covered 187 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance brokers and agents were paid $77,944 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $417 per covered person, above the median for employer plans that report broker pay. Broker pay rose 19% from $65,632 in 2023.

Insurance contracts · 20242
DEARBORN LIFE INSURANCE COMPANY · vision life ltdpremiums n/a · 187 covered
BLUECROSS BLUESHIELD OF ILLINOIS · health dentalpremiums n/a · 224 covered
Brokers & agents paid · 20241
GCG FINANCIAL, INC.$77,944 · incl $7,369 fees
Also brokered by Gcg Financial, Inc.5
Feeding America IL$261,856
Ebix, Inc. GA$82,037
The Cove School IL$72,910

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 363134051 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.