Plan Ledger DOL Form 5500 · updated monthly

Romanoff Electric, Inc.benefits

Romanoff Electric Medical Plan · GAHANNA, OH · plan year 2024

Broker compensation reported · 2024
$374,405

Romanoff Electric, Inc.'s benefits plans covered 1,098 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $374,405 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $341 per covered person, above the median for employer plans that report broker pay. Broker pay rose 105% from $182,970 in 2023.

Insurance contracts · 20244
AETNA LIFE INSURANCE COMPANYpremiums n/a · 823 covered
HARTFORD LIFE AND ACCIDENT · life std ltdpremiums n/a · 1,045 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 1,292 covered
AETNA LIFE INSURANCE COMPANY · health drug dental ppopremiums n/a · 1,499 covered
Brokers & agents paid · 20243
MERCER HUMAN RESOURCE CONSULTING$12,477 · incl $12,477 fees
MERCER HEALTH AND BENEFITS, LLC$308,650 · incl $6,000 fees
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 311020367 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.