Plan Ledger DOL Form 5500 · updated monthly

Westerman, Inc.benefits

Westerman, Inc. Health and Welfare Plan · BREMEN, OH · plan year 2024

Broker compensation reported · 2024
$196,911

Westerman, Inc.'s benefits plans covered 399 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $57,605. Insurance brokers and agents were paid $196,911 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 341.8% of premiums. That is $494 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 3.5% from $190,322 in 2023.

Insurance contracts · 20243
VISION SERVICE PLAN · vision$58K · 271 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drug dentalpremiums n/a · 491 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 399 covered
Brokers & agents paid · 20245
NFP CORPORATE SERVICES INC$118,821 · incl $93,132 fees
MELTZER GROUP INC$65,445 · incl $10,508 fees
JAMES R NELLIGAN & ASSOCIATES LLC$6,290 · incl $6,290 fees
NFP INSURANCE SERVICES INC$4,378 · incl $4,378 fees
IRONWOOD, A MARSH AND MCLENNAN AGCY$1,977
Also brokered by Nfp5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 314420618 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.