Richardson Manufacturing Company Benefitbenefits
Richardson Manufacturing Company Benefit Plan · SPRINGFIELD, IL · plan year 2024
Broker compensation reported · 2024
$47,968
Richardson Manufacturing Company Benefit's benefits plans covered 204 active participants in 2024, providing health · life · dental · vision · short-term disability. Insurance brokers and agents were paid $47,968 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $235 per covered person, above the median for employer plans that report broker pay. Broker pay fell 3.5% from $49,696 in 2023.
Insurance contracts · 20242
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental vision lifepremiums n/a · 145 covered
HEALTH ALLIANCE MEDICAL PLANS · healthpremiums n/a · 204 covered
Brokers & agents paid · 20241
AMERICAN CENTRAL INSURANCE SERVICES$47,968
Also brokered by American Central Insurance Services2
Morgan Distributing, Inc. IL$20,100
American Central Financial Group IL$16,853
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 371075734 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.