Plan Ledger DOL Form 5500 · updated monthly

Semex USA, Inc.benefits

Semex, USA Inc. Welfare Benefit Plan · MADISON, WI · plan year 2024

Broker compensation reported · 2024
$40,091

Semex USA, Inc.'s benefits plans covered 141 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $40,091 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $284 per covered person, above the median for employer plans that report broker pay. Broker pay rose 14% from $35,144 in 2023.

Insurance contracts · 20244
BLUE CROSS & BLUE SHIELD OF WISCONSIN · health ppopremiums n/a · 173 covered
COMPCARE HEALTH SERVICES INSURANCE CORPORATION · healthpremiums n/a · 66 covered
PRINCIPAL LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 152 covered
VISION SERVICE PLAN · visionpremiums n/a · 96 covered
Brokers & agents paid · 20245
COTTINGHAM & BUTLER INS SERVICES$28,825
COTTINGHAM & BUTLER INS SERVICE INC$9,543 · incl $1,547 fees
COTTINGHAM & BUTLER, INC$849
HAUSMANN GROUP INC.$752
HAUSMANN GROUP INC$122
Also brokered by Cottingham & Butler Ins Services5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 391853594 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.