Plan Ledger DOL Form 5500 · updated monthly

Waterous Companybenefits

Welfare Benefit Plan · SOUTH ST PAUL, MN · plan year 2025

Broker compensation reported · 2025
$58,384

Waterous Company's benefits plans covered 262 active participants in 2025, providing health · life · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $58,384 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $223 per covered person, above the median for employer plans that report broker pay. Brokers were paid 3.3x the $17,955 reported for 2024.

Insurance contracts · 202510
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 228 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 224 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · stdpremiums n/a · 147 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · stdpremiums n/a · 149 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 300 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 294 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 465 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 473 covered
MEDICA INSURANCE COMPANY · stop-losspremiums n/a · 714 covered
Brokers & agents paid · 20251
USI INSURANCE SERVICES LLC$58,384 · incl $23,159 fees
Also brokered by Usi5
Adapthealth, LLC PA$827,688

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 410600750 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.