Plan Ledger DOL Form 5500 · updated monthly

Smith Brothers of Berne, Inc.benefits

Smith Brothers of Berne, Inc. Group Life Plan · BERNE, IN · plan year 2025

Previously filed as Smith Brothers of Berne, Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.

Broker compensation reported · 2025
$75,130

Smith Brothers of Berne, Inc.'s benefits plans covered 412 active participants in 2025, providing life. Insurance brokers and agents were paid $75,130 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $182 per covered person, below the median for employer plans that report broker pay. Broker pay rose 13% from $66,569 in 2024.

Insurance contracts · 20252
PRINCIPAL LIFE INSURANCE COMPANY · dental vision ppopremiums n/a · 622 covered
AMERICAN UNITED LIFE INSURANCE COMPANY · life ltdpremiums n/a · 482 covered
Brokers & agents paid · 20253
ONI RISK PARTNERS, INC$36,137 · incl $7,267 fees
ONI RISK PARTNERS INC$32,460
HYLANT GROUP INC$6,533 · incl $6,533 fees
Also brokered by Oni Risk Partners, Inc5
Avasure, LLC MI$7,386

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 350663407 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.