Padagis LLCbenefits
Employee Benefit Plan for Padagis LLC · ALLEGAN, MI · plan year 2024
Broker compensation reported · 2024
$8,563
Padagis LLC's benefits plans covered 462 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $8,563 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $19 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 77% from $37,303 in 2023.
Insurance contracts · 20242
VISION SERVICE PLAN · visionpremiums n/a · 400 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · life ltdpremiums n/a · 462 covered
Brokers & agents paid · 20242
NFP INSURANCE SERVICES INC$2,821 · incl $2,821 fees
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 870887102 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.