Plan Ledger DOL Form 5500 · updated monthly

Plato Woodwork, Inc.benefits

Plato Woodwork, Inc. Employee Benefits Plan · PLATO, MN · plan year 2024

Broker compensation reported · 2024
$57,597

Plato Woodwork, Inc.'s benefits plans covered 155 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $57,597 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $372 per covered person, above the median for employer plans that report broker pay. Broker pay rose 1.4% from $56,823 in 2023.

Insurance contracts · 20247
RELIANCE STANDARD LIFE INSURANCE COMPANY · stdpremiums n/a · 128 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 152 covered
RELIANCE STANDARD LIFE INSURANCE COMPANYpremiums n/a · 118 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · ltdpremiums n/a · 111 covered
MEDICA INSURANCE COMPANY · healthpremiums n/a · 107 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · visionpremiums n/a · 72 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · dentalpremiums n/a · 109 covered
Brokers & agents paid · 20244
WESTLUND ASSOCIATES$18,509 · incl $569 fees
WESTLUND ASSOCIATES INC$29,841
WESTLUND ASSOC$5,461
CHRISTENSEN GROUP INC$3,786
Also brokered by Westlund Associates1

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 411240351 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.