Adrian Steel Companybenefits
The Adrian Steel Company Welfare Benefit Plan · ADRIAN, MI · plan year 2025
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.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 381433101 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.