Plan Ledger DOL Form 5500 · updated monthly

The Arc Minnesota, Inc.benefits

The Arc Minnesota Employee Benefit Plan · ST. PAUL, MN · plan year 2024

Broker compensation reported · 2024
$24,249

The Arc Minnesota, Inc.'s benefits plans covered 101 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $24,249 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $240 per covered person, above the median for employer plans that report broker pay. Broker pay fell 9.2% from $26,719 in 2023.

Insurance contracts · 20243
SUN LIFE ASSURANCE COMPANY OF CANADA · life std ltdpremiums n/a · 101 covered
BLUE CROSS BLUE SHIELD OF MINNESOTA · healthpremiums n/a · 53 covered
Brokers & agents paid · 20241
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 410795254 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.