Plan Ledger DOL Form 5500 · updated monthly

Sears Manufacturing Companybenefits

Sears Manufacturing Company Employee Benefits Plan · DAVENPORT, IA · plan year 2025

Broker compensation reported · 2025
$119,937

Sears Manufacturing Company's benefits plans covered 603 active participants in 2025, providing health · life · dental · vision · long-term disability · other. Insurance brokers and agents were paid $119,937 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $199 per covered person, above the median for employer plans that report broker pay. Broker pay rose 31% from $91,313 in 2024.

Insurance contracts · 20252
PRINCIPAL LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 809 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 514 covered
Brokers & agents paid · 20254
HUB INTERNATIONAL MIDWEST LIMITED$50,020 · incl $6,301 fees
JAMES R. NELLIGAN & ASSOCIATES LLC$42,401 · incl $42,401 fees
HUB INTERNATIONAL LIMITED$22,140 · incl $22,140 fees
RUHL & RUHL INSURANCE$5,376
Also brokered by HUB International5
Rfe/Rl, Inc. DC$1,044,707

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 420712643 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.