Burr Oak Tool Inc.benefits
Burr Oak Tool Inc. Employees Welfare Benefit Plan · STURGIS, MI · plan year 2025
Broker compensation reported · 2025
$67,058
Burr Oak Tool Inc.'s benefits plans covered 304 active participants in 2025, providing health · life · dental · long-term disability · other · vision. Insurance brokers and agents were paid $67,058 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $221 per covered person, above the median for employer plans that report broker pay. Broker pay rose 24% from $54,150 in 2024.
Insurance contracts · 20253
RELIANCE STANDARD LIFE INSURANCE COMPANY · life ltdpremiums n/a · 335 covered
UNUM INSURANCE COMPANYpremiums n/a · 97 covered
STARMOUNT LIFE INSURANCE COMPANY · visionpremiums n/a · 186 covered
Brokers & agents paid · 20253
GIBSON INSURANCE AGENCY, INC.$45,829 · incl $9,027 fees
JAMES R. NELLIGAN & ASSOCIATES LLC$17,896 · incl $17,896 fees
GIBSON INSURANCE AGENCY INC.$3,333 · incl $496 fees
Also brokered by Gibson Insurance Agency, Inc.5
Forest River, Inc. IN$1,183,448
Boyd Corporation CA$199,476
California Fair Plan Association CA$186,913
Cameron Memorial Community Hospital, Inc. IN$167,797
Haynes International Inc. IN$166,966
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 381218471 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.