Plan Ledger DOL Form 5500 · updated monthly

Princeton Tool, Inc.benefits

Princeton Tool, Inc. Group Benefit Plan · MENTOR, OH · plan year 2024

Broker compensation reported · 2024
$172,424

Princeton Tool, Inc.'s benefits plans covered 269 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $172,424 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $641 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 20% from $143,842 in 2023.

Insurance contracts · 20243
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · health dentalpremiums n/a · 165 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental vision life std ltdpremiums n/a · 268 covered
Brokers & agents paid · 20243
MARSH & MCLENNAN AGENCY - BOUCHARD$111,479 · incl $102,799 fees
MARSH & MCLENNAN AGENCY LLC$43,324 · incl $5,536 fees
VARIOUS - SEE ATTACHED$17,621 · incl $1,006 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 341855801 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.