Plan Ledger DOL Form 5500 · updated monthly

Sumitomo (Shi) Demag Plastics Machinery North America, Inc.benefits

Sumitomo (Shi) Demag Plastics Machinery North America, Inc. Welfare Benefit Plan · SUWANEE, GA · plan year 2024

Broker compensation reported · 2024
$131,614

Sumitomo (Shi) Demag Plastics Machinery North America, Inc.'s benefits plans covered 106 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $131,614 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,242 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 32% from $99,962 in 2023.

Insurance contracts · 20242
EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA · health dental vision life std ltd ppopremiums n/a · 106 covered
AETNA LIFE INSURANCE COMPANY · health visionpremiums n/a · 193 covered
Brokers & agents paid · 20242
TOTAL BENEFIT SOLUTIONS, LLC$95,623
FALLON BENEFIT GROUP, INC.$35,991 · incl $5,469 fees
Also brokered by Total Benefit Solutions, LLC1

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 581396267 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.