Progressive Rail Incorporatedbenefits
Progressive Rail Incorporated Employee Welfare Benefit Plan · LAKEVILLE, MN · plan year 2025
Broker compensation reported · 2025
$41,462
Progressive Rail Incorporated's benefits plans covered 116 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $41,462 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $357 per covered person, above the median for employer plans that report broker pay. Broker pay fell 6.5% from $44,337 in 2024.
Insurance contracts · 20253
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 116 covered
EYEMED · visionpremiums n/a · 156 covered
MEDICA INSURANCE COMPANY · healthpremiums n/a · 180 covered
Brokers & agents paid · 20252
MARSH & MCLENNAN AGENCY LLC$39,882 · incl $3,182 fees
WATCHTOWER BENEFITS LLC$1,580
Also brokered by Marsh McLennan Agency5
Rme LTD. LLC CO$10,578,643
Truist Financial Corporation NC$2,912,639
The Goodyear Tire & Rubber Company OH$1,999,036
Netcracker Technology Corporation MA$1,935,435
Breeze Aviation Group, Inc UT$1,518,374
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 411830488 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.