Plan Ledger DOL Form 5500 · updated monthly

Adrian Steel Companybenefits

The Adrian Steel Company Welfare Benefit Plan · ADRIAN, MI · plan year 2025

Broker compensation reported · 2025
$524,977

Adrian Steel Company's benefits plans covered 827 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $11,175,139. Insurance brokers and agents were paid $524,977 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.7% of premiums. That is $635 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 3.2% from $508,813 in 2024.

Insurance contracts · 20256
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$10.8M · 1,673 covered
DELTA DENTAL OF MICHIGAN · dental$416K · 1,819 covered
ULLIANCE, INC.premiums n/a · 847 covered
VISION SERVICE PLAN · visionpremiums n/a · 597 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 210 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · life std ltdpremiums n/a · 825 covered
Brokers & agents paid · 20255
DEBRA A YOUNGS$294,147
KAPNICK & COMPANY INC$153,965
CENTRO BENEFITS RESEARCH LLC$45,799 · incl $45,799 fees
KAPNICK & COMPANY, INC.$14,331 · incl $1,653 fees
KAPNICK & COMPANY INC.$16,735 · incl $7,188 fees
Also brokered by Debra a Youngs4
Gudel, Inc. MI$28,660

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2025, EIN 381433101 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.