Butler Machinery Companybenefits
Butler Machinery Company Health and Welfare Plan · FARGO, ND · plan year 2025
Butler Machinery Company's benefits plans covered 903 active participants in 2025, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $450,441. Insurance brokers and agents were paid $159,259 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 35.4% of premiums. That is $176 per covered person, below the median for employer plans that report broker pay. Broker pay rose 146% from $64,854 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 450113700 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.