Plan Ledger DOL Form 5500 · updated monthly

Profac, Inc. dba Merritt Woodworkbenefits

Profac, Inc. dba Merritt Woodwork Insurance Plan · MENTOR, OH · plan year 2024

Broker compensation reported · 2024
$62,234

Profac, Inc. dba Merritt Woodwork's benefits plans covered 106 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $62,234 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $587 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 8.9% from $68,316 in 2023.

Insurance contracts · 20245
UNITED HEALTHCARE INSURANCE COMPANY · health drugpremiums n/a · 5 covered
UNITEDHEALTHCARE INSURANCE COMPANY · life std ltdpremiums n/a · 203 covered
KAISER FOUNDATION HEALTH PLAN INC. · health drug hmopremiums n/a · 35 covered
UNITED HEALTHCARE INSURANCE COMPANY · visionpremiums n/a · 258 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · dentalpremiums n/a · 118 covered
Brokers & agents paid · 20244
AON RISK SERVICES NORTHEAST$32,268 · incl $17,700 fees
AON RISK SERVICES NORTHEAST INC$6,746 · incl $166 fees
Also brokered by Aon5
Walgreen Co. IL$25,664,274
Macy's, Inc. OH$5,287,224
Trinet HR III, Inc. CA$4,596,776

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 341107300 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.