Plan Ledger DOL Form 5500 · updated monthly

Workhorse Technologies, Inc.benefits

Workhorse Group Benefits Plans · SHARONVILLE, OH · plan year 2025

Broker compensation reported · 2025
$64,201

Workhorse Technologies, Inc.'s benefits plans covered 119 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $64,201 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $540 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 31% from $93,376 in 2024.

Insurance contracts · 20253
COMMUNITY INSURANCE COMPANY · health drug vision ppopremiums n/a · 225 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 119 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · dentalpremiums n/a · 106 covered
Brokers & agents paid · 20251
USI INSURANCE SERVICES LLC$64,201 · incl $5,566 fees
Also brokered by Usi5
Adapthealth, LLC PA$827,688

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 208529895 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.