Plan Ledger DOL Form 5500 · updated monthly

SYNERGY55 LLC and Affiliatesbenefits

SYNERGY55 LLC and Affiliates Employee Benefit Plan · SCHAUMBURG, IL · plan year 2024

Broker compensation reported · 2024
$134,333

SYNERGY55 LLC and Affiliates's benefits plans covered 657 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $134,333 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $204 per covered person, above the median for employer plans that report broker pay. Broker pay fell 2.5% from $137,768 in 2023.

Insurance contracts · 20245
DELTA DENTAL OF ILLINOIS · dentalpremiums n/a · 679 covered
COMPSYCHpremiums n/a · 74 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 755 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 325 covered
Brokers & agents paid · 20241
MERCER HEALTH AND BENEFITS, LLC$134,333 · incl $7,179 fees
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 364259890 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.