Plan Ledger DOL Form 5500 · updated monthly

Takara Belmont USA, Inc.benefits

Takara Belmont Welfare Plan · SOMERSET, NJ · plan year 2024

Broker compensation reported · 2024
$110,448

Takara Belmont USA, Inc.'s benefits plans covered 110 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance brokers and agents were paid $110,448 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,004 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 14% from $96,822 in 2023.

Insurance contracts · 20242
GUARDIAN · dental vision life ltdpremiums n/a · 113 covered
HORIZON HEALTHCARE SERVICES, INC. · health drugpremiums n/a · 87 covered
Brokers & agents paid · 20242
SAVOY ASSOCIATES$69,274 · incl $11,842 fees
RISK PLACEMENT SERVICES INC.$41,174 · incl $5,738 fees
Also brokered by Savoy Associates5
Manasquan Bank NJ$87,112
Subcom, LLC NJ$80,744

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 131843773 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.