Plan Ledger DOL Form 5500 · updated monthly

Strattec Security Corporationbenefits

Strattec Security Corporation Master Welfare Plan · MILWAUKEE, WI · plan year 2024

Broker compensation reported · 2024
$81,114

Strattec Security Corporation's benefits plans covered 419 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $81,114 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $194 per covered person, above the median for employer plans that report broker pay. Broker pay rose 17% from $69,272 in 2023.

Insurance contracts · 20245
UNITEDHEALTHCARE INSURANCE COMPANY · life ltdpremiums n/a · 601 covered
UNITEDHEALTHCARE INSURANCE COMPANY · visionpremiums n/a · 688 covered
QBE INSURANCE · stop-losspremiums n/a · 388 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · healthpremiums n/a · 1 covered
Brokers & agents paid · 20242
WILLIS TOWERS WATSON MIDWEST INC$78,339 · incl $78,339 fees
Also brokered by Wtw5
Champion, Inc MI$46,368,623
Vca Inc. CA$4,086,268

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 391804239 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.