Plan Ledger DOL Form 5500 · updated monthly

Waibel Energy Systems, Inc.benefits

Waibel Energy Systems, Inc. Employee Benefit Plan · VANDALIA, OH · plan year 2024

Broker compensation reported · 2024
$69,379

Waibel Energy Systems, Inc.'s benefits plans covered 118 active participants in 2024, providing health · life · dental · vision · short-term disability · other. Insurance premiums totaled $100,004. Insurance brokers and agents were paid $69,379 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 69.4% of premiums. That is $588 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 29% from $97,155 in 2023.

Insurance contracts · 20245
STANDARD · ltd$51K · 64 covered
STANDARD · life$41K · 118 covered
STANDARD · std$7K · 27 covered
COMMUNITY INSURANCE COMPANY · health dental visionpremiums n/a · 309 covered
STANDARDpremiums n/a · 25 covered
Brokers & agents paid · 20242
MCGOHAN BRABENDER, INC.$69,000 · incl $3,213 fees
C2 CENTRIC LLC$379 · incl $379 fees
Also brokered by McGohan Brabender, Inc.5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 311258152 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.