Plan Ledger DOL Form 5500 · updated monthly

Shoup Manufacturing Cobenefits

Shoup Manufacturing Co., Inc. Health & Welfare Benefit Plan · KANKAKEE, IL · plan year 2024

Broker compensation reported · 2024
$70,917

Shoup Manufacturing Co's benefits plans covered 136 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits. Insurance brokers and agents were paid $70,917 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $521 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 13% from $62,576 in 2023.

Insurance contracts · 20242
BLUECROSS BLUESHIELD OF ILLINOIS · healthpremiums n/a · 209 covered
DEARBORN LIFE INSURANCE COMPANY · vision lifepremiums n/a · 136 covered
Brokers & agents paid · 20243
THE HORTON GROUP, INC.$60,247 · incl $2,500 fees
WATCHTOWER BENEFITS LLC$238 · incl $238 fees
Also brokered by The Horton Group, Inc.5
Fooda, Inc. IL$125,560

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 362936024 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.