Viking Drill & Tool Welfare Benefit Planbenefits
Viking Drill & Tool Inc. Welfare Benefit Plan · SAINT PAUL, MN · plan year 2024
Broker compensation reported · 2024
$146,192
Viking Drill & Tool Welfare Benefit Plan's benefits plans covered 233 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $146,192 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $627 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 4.3% from $140,224 in 2023.
Insurance contracts · 20247
HEALTH PARTNERS INSURANCE CO. · healthpremiums n/a · 481 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 117 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 269 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · stdpremiums n/a · 268 covered
UNITED OF OMAHA LIFE INSURANCE COMPANYpremiums n/a · 115 covered
UNITED OF OMAHA LIFE INSURANCE COMPANYpremiums n/a · 138 covered
UNITED OF OMAHA LIFE INSURANCE COMPANYpremiums n/a · 100 covered
Brokers & agents paid · 20243
MICHAEL HERMAN$103,976 · incl $103,976 fees
UNITED OF OMAHA LIFE INSURANCE CO$6,983 · incl $6,983 fees
USI INSURANCE SERVICES LLC-MOUNTAIN$35,233 · incl $10,298 fees
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 362702410 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.