Plan Ledger DOL Form 5500 · updated monthly

Scheidt & Bachmann USA, Inc.benefits

Scheidt & Bachmann USA, Inc. Cafeteria Plan · LOWELL, MA · plan year 2024

Broker compensation reported · 2024
$121,314

Scheidt & Bachmann USA, Inc.'s benefits plans covered 145 active participants in 2024, providing health · dental · vision. Insurance premiums totaled $2,941,536. Insurance brokers and agents were paid $121,314 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.1% of premiums. That is $837 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 5.8% from $114,676 in 2023.

Insurance contracts · 20245
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS · health dental$2.9M · 346 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · stdpremiums n/a · 126 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · ltdpremiums n/a · 126 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · stdpremiums n/a · 79 covered
EYE MED VISION CARE · visionpremiums n/a · 243 covered
Brokers & agents paid · 20241
FRED C. CHURCH INC.$121,314 · incl $6,353 fees
Also brokered by Fred C. Church Inc.5
Boston Dynamics MA$213,243
Concord Academy MA$54,140

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 752605586 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.