Plan Ledger DOL Form 5500 · updated monthly

Rack Builders, Inc.benefits

Rack Builders Inc. Basic Life Benefits Plan · QUINCY, IL · plan year 2024

Broker compensation reported · 2024
$12,479

Rack Builders, Inc.'s benefits plans covered 132 active participants in 2024, providing life · death benefits. Insurance brokers and agents were paid $12,479 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $95 per covered person, below the median for employer plans that report broker pay. Broker pay fell 42% from $21,455 in 2023.

Insurance contracts · 20242
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dentalpremiums n/a · 146 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 146 covered
Brokers & agents paid · 20241
USI INSURANCE SERVICES LLC$12,479 · incl $2,274 fees
Also brokered by Usi5
The Faison Center VA$1,640,677

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 264477260 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.