Plan Ledger DOL Form 5500 · updated monthly

Placon Corporationbenefits

Placon Corporation Employee Benefits Plan · MADISON, WI · plan year 2025

Broker compensation reported · 2025
$197,226

Placon Corporation's benefits plans covered 653 active participants in 2025, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance brokers and agents were paid $197,226 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $302 per covered person, above the median for employer plans that report broker pay. Broker pay rose 149% from $79,275 in 2023.

Insurance contracts · 20255
DEAN HEALTH PLAN INC · health hmo ppopremiums n/a · 343 covered
HEALTHPARTNERS INSURANCE COMPANY · healthpremiums n/a · 129 covered
HEALTH NEW ENGLAND, INC. · health drug hmo ppopremiums n/a · 53 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · vision life ltdpremiums n/a · 653 covered
PRINCIPAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 6 covered
Brokers & agents paid · 20255
HUB INTERNATIONAL MIDWEST LIMITED$174,751 · incl $42,090 fees
M 3 FINANCIAL LLC$1,088
SECURA CONSULTANTS LLC$837
KME INS BROKERAGE INC$652
Also brokered by HUB International5
Rfe/Rl, Inc. DC$1,044,707

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 391087596 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.