Plan Ledger DOL Form 5500 · updated monthly

Switchgear Power Systems LLCbenefits

Switchgear Power Systems, LLC Group Benefit Plan · WINNECONNE, WI · plan year 2025

Broker compensation reported · 2025
$52,007

Switchgear Power Systems LLC's benefits plans covered 201 active participants in 2025, providing health · dental · vision · life · death benefits · short-term disability · long-term disability · other. Insurance premiums totaled $125,872. Insurance brokers and agents were paid $52,007 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 41.3% of premiums. That is $259 per covered person, above the median for employer plans that report broker pay. Broker pay rose 124% from $23,239 in 2024.

Insurance contracts · 20254
DELTA DENTAL OF WISCONSIN · dental$126K · 196 covered
QBE INSURANCEpremiums n/a · 194 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · life std ltdpremiums n/a · 302 covered
VISION SERVICE PLAN · visionpremiums n/a · 178 covered
Brokers & agents paid · 20253
COTTINGHAM AND BUTLER INSURANCE$36,175 · incl $10,273 fees
COTTINGHAM & BUTLER$15,458 · incl $989 fees
COTTINGHAM & BUTLER, INC$374
Also brokered by Cottingham and Butler Insurance5
Cit Trucks, LLC IL$142,080

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 208342908 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.