Plan Ledger DOL Form 5500 · updated monthly

Teknor Apex Companybenefits

Teknor Apex Health Plan · PAWTUCKET, RI · plan year 2025

Broker compensation reported · 2025
$63,874

Teknor Apex Company's benefits plans covered 1,535 active participants in 2025, providing health · dental · vision · death benefits · other. Insurance premiums totaled $911,947. Insurance brokers and agents were paid $63,874 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.0% of premiums. That is $42 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 14% from $74,340 in 2024.

Insurance contracts · 20254
STANDARD INSURANCE COMPANY · life$756K · 3,300 covered
STANDARD INSURANCE COMPANY · ltd$156K · 945 covered
ACI SPECIALTY BENEFITSpremiums n/a · 1,827 covered
Brokers & agents paid · 20252
WILLIS TOWERS WATSON US LLC$3,905 · incl $3,905 fees
Also brokered by Wtw5

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 050306609 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.