Plan Ledger DOL Form 5500 · updated monthly

Teraflex, Incbenefits

Teraflex, Inc Welfare Benefit Plan · WEST JORDAN, UT · plan year 2024

Broker compensation reported · 2024
$80,198

Teraflex, Inc's benefits plans covered 108 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $80,198 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $743 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 8.9% from $88,035 in 2023.

Insurance contracts · 20244
SELECTHEALTH · health drugpremiums n/a · 181 covered
NATIONWIDE · dental visionpremiums n/a · 221 covered
PRINCIPAL LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 180 covered
IMPACT SUITESpremiums n/a · 117 covered
Brokers & agents paid · 20242
HUB INTERNATIONAL INS. SVCS., INC.$77,651 · incl $9,748 fees
HUB INTERNATIONAL LIMITED$2,547 · incl $2,547 fees
Also brokered by HUB International5
Autozone, Inc. TN$4,329,860
Aspen HR Peo, LLC FL$3,007,524

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 870272262 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.