Plan Ledger DOL Form 5500 · updated monthly

The Vernon Companybenefits

Vernon Company Welfare Benefit Plan · NEWTON, IA · plan year 2024

Broker compensation reported · 2024
$30,912

The Vernon Company's benefits plans covered 169 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance brokers and agents were paid $30,912 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $183 per covered person, below the median for employer plans that report broker pay. Broker pay fell 26% from $41,886 in 2023.

Insurance contracts · 202410
DELTA DENTAL OF IOWA · dentalpremiums n/a · 107 covered
DELTA DENTAL OF IOWA · dentalpremiums n/a · 4 covered
WELLMARK BLUE CROSS AND BLUE SHIELD OF IOWA · health ppopremiums n/a · 92 covered
WELLMARK HEALTH PLAN OF IOWA · health hmopremiums n/a · 60 covered
NORTHWESTERN MUTUAL · ltdpremiums n/a · 31 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 91 covered
METROPOLITAN LIFE INSURANCE COMPANY · lifepremiums n/a · 332 covered
VISION SERVICE PLAN · visionpremiums n/a · 83 covered
Brokers & agents paid · 20249
CRAIG PHILIP MICKELSON$3,096 · incl $623 fees
BIEHN EILEEN M$4,133
BENEUSA LLC$565 · incl $565 fees
BYRN FINANCIAL LLC$553 · incl $59 fees
USI INSURANCE SERVICES LLC$13,911 · incl $1,907 fees
4 individual agents · names withheld$1,001

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

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 420649215 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.