Plan Ledger DOL Form 5500 · updated monthly

Paul a Schmitt Music Cobenefits

Paul a. Schmitt Music Company Health and Welfare Plan · BLOOMINGTON, MN · plan year 2024

Broker compensation reported · 2024
$9,652

Paul a Schmitt Music Co's benefits plans covered 106 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $9,652 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $91 per covered person, below the median for employer plans that report broker pay. Broker pay fell 35% from $14,882 in 2023.

Insurance contracts · 20241
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 106 covered
Brokers & agents paid · 20241
BROWN AND BROWN OF MINNESOTA, INC.$9,652 · incl $4,223 fees
Also brokered by Brown & Brown5
Srm Concrete, LLC TN$1,315,284

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 410526620 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.