Plan Ledger DOL Form 5500 · updated monthly

Pako Inc.benefits

Pako Inc. Employee Benefits Plan · MENTOR, OH · plan year 2024

Broker compensation reported · 2024
$97,860

Pako Inc.'s benefits plans covered 219 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $2,257,508. Insurance brokers and agents were paid $97,860 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.3% of premiums. That is $447 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 5.8% from $92,496 in 2023.

Insurance contracts · 20247
MEDICAL MUTUAL · health drug hmo$2.2M · 172 covered
DELTA DENTAL OF OHIO · dental$106K · 291 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 218 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · stdpremiums n/a · 218 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 218 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 218 covered
VISION SERVICE PLAN · visionpremiums n/a · 128 covered
Brokers & agents paid · 20242
ALTHAN INSURANCE AGENCY INC$86,119 · incl $84 fees
ALTHANS INSURANCE AGENCY INC.$11,741

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 341123019 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.