Plan Ledger DOL Form 5500 · updated monthly

Simoniz USA, Inc.benefits

Simoniz USA, Inc. Employee Health and Welfare Plan · BOLTON, CT · plan year 2024

Broker compensation reported · 2024
$128,227

Simoniz USA, Inc.'s benefits plans covered 470 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $128,227 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $273 per covered person, above the median for employer plans that report broker pay. Brokers were paid 4.9x the $26,336 reported for 2023.

Insurance contracts · 20243
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drug visionpremiums n/a · 308 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · life std ltdpremiums n/a · 470 covered
Brokers & agents paid · 20243
PROFESSIONAL PENSIONS INC$63,572 · incl $63,572 fees
USI INSURANCE SERVICES LLC$56,999 · incl $46,025 fees
PPI BENEFITS SOLUTIONS$7,656 · incl $7,656 fees
Also brokered by Professional Pensions Inc5

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 060775898 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.