Plan Ledger DOL Form 5500 · updated monthly

Triton Industries, Inc.benefits

Triton Industries Welfare Benefits Plan · LANSING, MI · plan year 2024

Broker compensation reported · 2024
$34,422

Triton Industries, Inc.'s benefits plans covered 80 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits. Insurance premiums totaled $962,003. Insurance brokers and agents were paid $34,422 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.6% of premiums. That is $430 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 71% from $116,961 in 2023.

Insurance contracts · 20245
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$962K · 165 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 99 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · dentalpremiums n/a · 99 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · stdpremiums n/a · 88 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 164 covered
Brokers & agents paid · 20241
MERCER HEALTH AND BENEFITS, LLC.$34,422 · incl $4,025 fees
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 382590949 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.