Plan Ledger DOL Form 5500 · updated monthly

The Suter Company, Inc.benefits

The Suter Company, Inc. Welfare Benefit Plan · SYCAMORE, IL · plan year 2024

Broker compensation reported · 2024
$150,204

The Suter Company, Inc.'s benefits plans covered 290 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $150,204 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $518 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 16% from $128,996 in 2023.

Insurance contracts · 20242
BLUECROSS BLUESHIELD OF ILLINOIS · health dentalpremiums n/a · 500 covered
DEARBORN LIFE INSURANCE COMPANY · vision life std ltdpremiums n/a · 349 covered
Brokers & agents paid · 20243
M3 INSURANCE SOLUTIONS INC$123,044 · incl $1,920 fees
M3 INSURANCE SOLUTIONS, INC$26,650
WATCHTOWER BENEFITS LLC$510 · incl $510 fees
Also brokered by M3 Insurance Solutions Inc5
Stella & Chewy's WI$154,280

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 362319132 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.