Plan Ledger DOL Form 5500 · updated monthly

Burgaflex North America, Inc.benefits

The Burgaflex Welfare Benefit Plan · FENTON, MI · plan year 2025

Broker compensation reported · 2025
$93,746

Burgaflex North America, Inc.'s benefits plans covered 269 active participants in 2025, providing health · life · dental · vision · short-term disability · death benefits. Insurance premiums totaled $2,042,213. Insurance brokers and agents were paid $93,746 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.6% of premiums. That is $348 per covered person, above the median for employer plans that report broker pay. Broker pay rose 0.7% from $93,106 in 2024.

Insurance contracts · 20256
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$1.7M · 245 covered
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$223K · 43 covered
DELTA DENTAL · dental$107K · 295 covered
AMERICAN UNITED LIFE INSURANCE COMPANY · life stdpremiums n/a · 269 covered
EYEMED · visionpremiums n/a · 260 covered
LIFE ADVISOR EAP COUNSELING SERVICESpremiums n/a · 311 covered
Brokers & agents paid · 20257
ELIZABETH MADZIAR$56,919
KAPNICK & COMPANY INC.$17,692 · incl $2,949 fees
KAPNICK & COMPANY, INC$5,850 · incl $450 fees
CENTRO BENEFITS RESEARCH LLC$4,914 · incl $4,914 fees
KAPNICK INSURANCE GROUP$3,098
GIS BENEFITS$2,949 · incl $2,949 fees
KAPNICK AND COMPANY INC.$2,324 · incl $2,324 fees
Also brokered by Elizabeth Madziar1
Fluresh, LLC MI$30,234

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 383613953 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.