Plan Ledger DOL Form 5500 · updated monthly

The Townsend Corporationbenefits

The Townsend Corporation Employee Health Care Plan · MUNCIE, IN · plan year 2024

Broker compensation reported · 2024
$201,913

The Townsend Corporation's benefits plans covered 770 active participants in 2024, providing health. Insurance brokers and agents were paid $201,913 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $262 per covered person, above the median for employer plans that report broker pay. Broker pay fell 30% from $286,829 in 2023.

Insurance contracts · 20246
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 771 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · stdpremiums n/a · 405 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 378 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 170 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · dentalpremiums n/a · 719 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · stop-losspremiums n/a · 615 covered
Brokers & agents paid · 20242
USI INSURANCE SERVICES LLC$160,691 · incl $49,998 fees
PREPARE BENEFITS LLC$41,222 · incl $41,222 fees
Also brokered by Usi5
The Faison Center VA$1,640,677

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 351038926 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.