Plan Ledger DOL Form 5500 · updated monthly

Satake USA, Incbenefits

Satake USA, Inc Welfare Benefit Plan · STAFFORD, TX · plan year 2024

Previously filed as Satake USA, Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.

Broker compensation reported · 2024
$118,607

Satake USA, Inc's benefits plans covered 103 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $118,607 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,152 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 12% from $134,301 in 2023.

Insurance contracts · 20246
LIFE INSURANCE COMPANY OF AMERICA · stdpremiums n/a
EYEMED VISION CARE · visionpremiums n/a · 238 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · health dentalpremiums n/a · 103 covered
Brokers & agents paid · 20246
MARSH & MCLENNAN AGENCY, MCGRIFF$31,447 · incl $27,321 fees
EDGEWOOD PARTNERS INS CENTER$70,488 · incl $60,756 fees
EDGEWOOD PARTNERS INSURANCE CENTER$12,449 · incl $862 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 510277211 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.