Plan Ledger DOL Form 5500 · updated monthly

Watts Electric Companybenefits

Watts Electric, Inc. Disability, Life & Ad&D Plan · WAVERLY, NE · plan year 2023

Broker compensation reported · 2023
$8,043

Watts Electric Company's benefits plan covered 132 active participants in 2023, providing life · short-term disability · long-term disability · other. Insurance brokers and agents were paid $8,043 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $61 per covered person, in the bottom quarter of employer plans that report broker pay.

Insurance contracts · 20231
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 132 covered
Brokers & agents paid · 20231
FIRST INSURANCE GROUP LLC$8,043
Also brokered by First Insurance Group LLC5

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 470731535 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.