Plan Ledger DOL Form 5500 · updated monthly

Patrick Engineering Inc.benefits

Patrick Engineering Inc. Employees Welfare Plan & Trust · LISLE, IL · plan year 2024

Broker compensation reported · 2024
$11,895

Patrick Engineering Inc.'s benefits plans covered 395 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $11,895 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $30 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 27% from $16,215 in 2023.

Insurance contracts · 20243
BLUECROSS BLUESHIELD OF ILLINOIS · health drug dentalpremiums n/a · 395 covered
DEARBORN LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 311 covered
VISION SERVICE PLAN · visionpremiums n/a · 161 covered
Brokers & agents paid · 20245
ALLIANT INSURANCE SERVICES INC$7,065 · incl $4,496 fees
MESIROW INSURANCE SERVICES INC$2,316 · incl $2,316 fees
Also brokered by Alliant5
Tyson Foods, Inc. AR$1,604,287
Stark Carpet Corp. NY$1,544,014

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 363008281 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.