Plan Ledger DOL Form 5500 · updated monthly

The Luther Holding Companybenefits

The Luther Holding Company Health Welfare Benefit Plan · SAINT LOUIS PARK, MN · plan year 2024

Broker compensation reported · 2024
$196,649

The Luther Holding Company's benefits plans covered 3,265 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $196,649 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $60 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 2.2% from $201,140 in 2023.

Insurance contracts · 20244
METLIFE LEGAL PLANSpremiums n/a · 583 covered
RELIASTAR LIFE INSURANCE COMPANY · life ltdpremiums n/a · 4,139 covered
VOYA FINANCIALpremiums n/a · 8,354 covered
Brokers & agents paid · 20244
BSC AGENCY, LLC$13,398 · incl $13,398 fees
USI INSURANCE SERVICES LLC$181,583 · incl $796 fees
BUSINESSOLVER.COM, INC.$1,139 · incl $1,139 fees
USI INSURANCE SERVICES, LLC$529 · incl $529 fees
Also brokered by Bsc Agency, LLC5
Medtronic MN$174,731

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 411655557 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.