West Bend Mutual Insurancebenefits
West Bend Mutual Insurance Company Health Plan · WEST BEND, WI · plan year 2023
Broker compensation reported · 2023
$133,868
West Bend Mutual Insurance's benefits plan covered 1,673 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,315,055. Insurance brokers and agents were paid $133,868 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.2% of premiums. That is $80 per covered person, below the median for employer plans that report broker pay.
Insurance contracts · 20234
STANDARD INSURANCE · life ltd$1.3M · 1,679 covered
TOKIO MARINE · stop-losspremiums n/a · 1,400 covered
METROPOLITAN LIFE INSURANCE COMPANY · visionpremiums n/a · 3,355 covered
HARTFORD LIFE AND ACCIDENTpremiums n/a · 1,673 covered
Brokers & agents paid · 20233
M3 INSURANCE SOLUTIONS$88,069
HOLMES MURPHY AND ASSOCIATES$27,013
WATCHTOWER TECHNOLOGIES$18,786 · incl $18,786 fees
Also brokered by M3 Insurance Solutions5
Paper Transport, LLC WI$89,311
Johnson Health Tech North America, Inc. WI$45,790
Demco, Inc. WI$23,896
Crystal Finishing Systems WI$20,201
Madison-Kipp Corporation WI$18,392
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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 390698170 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.