Plan Ledger DOL Form 5500 · updated monthly

Timex Group USA, Inc.benefits

The Travel Accident Policy for Employees of Timex Group USA, Inc. · MIDDLEBURY, CT · plan year 2024

Broker compensation reported · 2024
$36,630

Timex Group USA, Inc.'s benefits plans covered 2,011 active participants in 2024, providing death benefits. Insurance brokers and agents were paid $36,630 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $18 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 17% from $44,190 in 2023.

Insurance contracts · 20244
HARTFORD LIFE AND ACCIDENT · life ltdpremiums n/a · 340 covered
FEDERAL AMERICAN INSURANCE COMPANYpremiums n/a · 2,545 covered
Brokers & agents paid · 20243
DIGITAL INSURANCE, LLC$31,559 · incl $3,490 fees
REUBEN WARNER ASSOCIATES, INC.$2,553 · incl $2,553 fees
Also brokered by Digital Insurance, LLC5
Mayer Brown LLP IL$566,692

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 060581310 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.