Plan Ledger DOL Form 5500 · updated monthly

Park Manufacturing Corporationbenefits

Park Manufacturing Corporation Welfare Benefit Plan · CAMBRIDGE, MN · plan year 2024

Broker compensation reported · 2024
$49,307

Park Manufacturing Corporation's benefits plans covered 88 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $49,307 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $560 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 74% from $188,083 in 2023.

Insurance contracts · 20242
BLUE CROSS AND BLUE SHIELD OF MINNESOTA · health drugpremiums n/a · 75 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · dental vision life std ltdpremiums n/a · 88 covered
Brokers & agents paid · 20241
MARSH & MCLENNAN AGENCY LLC$49,307 · incl $4,715 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 411632079 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.