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Form 5500 · Employee benefit plan · NORWALK, CT

TEREX CORPORATION

The filing calls this plan TEREX CORPORATION HEALTH AND WELFARE BENEFITS PLAN.

TEREX CORPORATION of NORWALK, CT spreads its employee benefits across 3 insurance carriers, according to its Form 5500 Schedule A. Its broker of record is WILLIS TOWERS WATSON US LLC. Coverage is written through RELIANCE LIFE INSURANCE COMPANY and 2 other carriers. The plan's most recent policy period ended in December.

Benefits broker of record
Policy year ends
Decemberas filed for plan year 2024

Sourced from U.S. DOL EFAST2 Form 5500 · EIN 34-1531521 · plan 501 · plan year 2024, filed Oct 8, 2025

Get an email when this employer files a new Form 5500, and again about four months before its plan renews.

692 other employer plans in Connecticut have policy years ending in December. See the full list on the renewal calendar, or ask for it in Claude or ChatGPT.

How this plan is funded

Self-funded as reported

The filing reports a stop-loss contract and no medical premium, which is what a plan that pays its own claims reports.

A stop-loss policy appears on a Form 5500 only when the plan itself is the beneficiary, or the premiums are paid from plan money. Many employers buy stop-loss and never report it here. So a plan with no stop-loss on its filing may still have it.

All participants at the start of the year
4,085
Active at start of year
3,649
Active at end of year
3,635
Disclosed commissions
$251,746
Typical renewal
January 1

Benefits declared on this filing

Healthdeclared, no contract here says it covers this
Dentaldeclared, no contract here says it covers this
Visioninsured — ANTHEM HEALTH PLANS, INC.6,267 of 4,085 participants
Lifeinsured — RELIANCE LIFE INSURANCE COMPANY4,031 of 4,085 participants (99%) on the largest contract
Disabilityinsured — RELIANCE LIFE INSURANCE COMPANY4,031 of 4,085 participants (99%)

8 contracts on this filing do not say which benefits they cover, so a line above may be insured by one of them.

Also declared: prepaid legal, other welfare.

Declared benefits are the plan’s own line 8b codes on Form 5500. “Not on Schedule A” means no insured contract for that line appears on this filing. That usually means the benefit is self-funded, or it sits under a different plan number.

Where a line has more than one insured contract, the carrier and the covered figure are the largest contract's by premium. The contracts are not added up: a pharmacy carve-out and the medical carrier beside it cover the same people.

Persons covered is the count the carrier filed for that policy at the end of its policy year, and it can include dependents. Participants is the plan's own count at the start of its plan year. The two count different people, so a covered figure can be larger.

Plan brief

Schedule A lists 13 insured contracts covering vision, life, disability and stop-loss; the largest, with RELIANCE LIFE INSURANCE COMPANY, covers 4,031 people.

The filing declares vision, life, disability, health and dental. Health and dental appear with no insured contract on Schedule A. That coverage may be self-funded, placed with a carrier that is not on this filing, or written on one of the 8 contracts here that do not say what they cover.

The only insured piece of the health benefit is stop-loss coverage, and the filing reports the plan paying its own claims. The stop-loss contract reports $1,236,811 in premium and $0 in commission. The rest of the premium and commission above is on the plan's other insured lines, and none of it is medical premium.

Reported premium across the insured contracts is $5,800,327, with $251,746 in disclosed broker commissions — about 4.3% of premium.

The most recent policy period ended in December, and the plan year ends December 31. Group contracts typically renew on that annual cycle.

Schedule A insurance contracts

CarrierBenefitsCoveredRenewsPremiumCommission
RELIANCE LIFE INSURANCE COMPANYLife4,031Jan 1, 2025$1,507,465$170,344
RELIANCE LIFE INSURANCE COMPANYDisability4,031Jan 1, 2025$1,030,401$81,402
ANTHEM HEALTH PLANS, INC.Stop-loss7,374Jan 1, 2025$1,236,811$0
RELIANCE LIFE INSURANCE COMPANYLife2,384Jan 1, 2025$1,005,988$0
ANTHEM HEALTH PLANS, INC.Vision6,267Jan 1, 2025$521,237$0
RELIANCE LIFE INSURANCE COMPANY—6,378Jan 1, 2025$193,610$0
RELIANCE LIFE INSURANCE COMPANY—2,092Jan 1, 2025$141,979$0
RELIANCE LIFE INSURANCE COMPANY—208Jan 1, 2025$68,093$0
COMPSYCH CORPORATION—3,800Nov 1, 2024$57,275$0
RELIANCE LIFE INSURANCE COMPANY—42Jan 1, 2025$21,453$0
RELIANCE LIFE INSURANCE COMPANY—28Jan 1, 2025$11,978$0
RELIANCE LIFE INSURANCE COMPANY—10Jan 1, 2025$3,150$0
RELIANCE LIFE INSURANCE COMPANY—2Jan 1, 2025$887$0

Covered = persons covered at policy year end, as filed on Schedule A for that policy — often certificates or one class, not the whole plan. Premium = the filing’s own premium/charges figure; “—” means not credibly reported.

See the filing at the Department of Labor

Administrator and service providers

Plan administrator on the filing
TEREX CORPORATION
EIN 34-1531521

The plan administrator is from line 3a of the main form. We publish company names only.

Other plans filed by this employer

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Renewal calendar

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