Plan Ledger DOL Form 5500 · updated monthly

Seiko Watch of America LLCbenefits

Seiko Watch of America LLC Severance Benefits Plan · MAHWAH, NJ · plan year 2024

Broker compensation reported · 2024
$55,039

Seiko Watch of America LLC's benefits plans covered 155 active participants in 2024. Insurance brokers and agents were paid $55,039 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $355 per covered person, above the median for employer plans that report broker pay. Broker pay fell 2.7% from $56,576 in 2023.

Insurance contracts · 20247
CIGNA HEALTH AND LIFE INSURANCE COMPANY · healthpremiums n/a · 159 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 156 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 156 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · stdpremiums n/a · 9 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 121 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 108 covered
Brokers & agents paid · 20243
MARSH USA INC.$45,391 · incl $45,391 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 831939971 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.