Plan Ledger DOL Form 5500 · updated monthly

Sai Advanced Power Solutions, Inc.benefits

Sai Advanced Power Solutions, Inc. Welfare Benefit Plan · FRANKLIN PARK, IL · plan year 2024

Broker compensation reported · 2024
$156,834

Sai Advanced Power Solutions, Inc.'s benefits plans covered 305 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $156,834 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $514 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 30% from $120,346 in 2023.

Insurance contracts · 20242
BLUECROSS BLUESHIELD OF ILLINOIS · health dentalpremiums n/a · 452 covered
DEARBORN LIFE INSURANCE COMPANY · vision life std ltdpremiums n/a · 364 covered
Brokers & agents paid · 20242
MARSH & MCLENNAN AGENCY LLC$151,290 · incl $5,845 fees
MARSH & MCLENNAN AGENCY LLC PA$5,544 · incl $5,544 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 264747495 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.