The Budd Group Inc.benefits
Salary Reduction Plan of the Budd Group · WINSTON-SALEM, NC · plan year 2025
Broker compensation reported · 2025
$125,345
The Budd Group Inc.'s benefits plans covered 625 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $125,345 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $201 per covered person, above the median for employer plans that report broker pay. Broker pay rose 8.0% from $116,111 in 2024.
Insurance contracts · 20255
USABLE LIFE · life std ltdpremiums n/a · 543 covered
RELIANCE STANDARD LIFE INSURANCE COMPANYpremiums n/a · 23 covered
HARTFORD LIFE AND ACCIDENTpremiums n/a · 625 covered
UNITED OF OMAHA LIFE INSURANCE COMPANYpremiums n/a · 221 covered
UNITEDHEALTHCARE INSURANCE COMPANY · health dental visionpremiums n/a · 1,683 covered
Brokers & agents paid · 20256
MCGRIFF INSURANCE SERVICES INC$69,973 · incl $2,220 fees
MOSAIC GROUP SERVICES$18,651
MCGRIFF-GREENSBORO$12,856
THE BENEFIT COMPANY INC$13,411
MCGRIFF INSURANCE SERVICES, INC$973 · incl $75 fees
Also brokered by McGriff5
Pratt Industries, Inc. GA$1,595,014
Erlanger Health TN$727,940
Lcm Investments Holding II, LLC FL$590,627
Saint Francis Healthcare System MO$496,798
Tirehub LLC GA$489,956
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 560750470 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.