Plan Ledger DOL Form 5500 · updated monthly

Schaeffler Group USA Incbenefits

Schaeffler Group USA Inc. Group Welfare Benefits Plan · FORT MILL, SC · plan year 2024

Broker compensation reported · 2024
$89,423

Schaeffler Group USA Inc's benefits plans covered 4,867 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $89,423 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $18 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 44% from $62,107 in 2023.

Insurance contracts · 20246
LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 4,996 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 2,990 covered
METROPOLITAN LIFE INSURANCE COMPANY · visionpremiums n/a · 8,813 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANYpremiums n/a · 798 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANYpremiums n/a · 1,053 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANYpremiums n/a · 1,099 covered
Brokers & agents paid · 20243
GALLAGHER BENEFIT SERVICES INC$62,581 · incl $34,978 fees
GALLAGHER BENEFIT SERVICS INC$15,638 · incl $15,638 fees
MERCER HEALTH & BENEFITS LLC$11,204 · incl $2,115 fees
Also brokered by Gallagher5
Chem Carriers, LLC LA$5,531,992

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 570517596 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.