Plan Ledger DOL Form 5500 · updated monthly

Pax Machine Works, Inc.benefits

Pax Machine Works, Inc. Employee Health Plan · CELINA, OH · plan year 2024

Previously filed as Pax Machine Works Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.

Broker compensation reported · 2024
$11,223

Pax Machine Works, Inc.'s benefits plans covered 170 active participants in 2024, providing health · life · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $11,223 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $66 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 4.3% from $10,757 in 2023.

Insurance contracts · 20242
VISION SERVICE PLAN · visionpremiums n/a · 103 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life ltdpremiums n/a · 170 covered
Brokers & agents paid · 20241
USI INSURANCE SERVICES LLC$11,223 · incl $5,382 fees
Also brokered by Usi5
The Faison Center VA$1,640,677

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 340895186 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.