Plan Ledger DOL Form 5500 · updated monthly

Cortec Precision Sheetmetal Inc.benefits

Cortec Precision Sheetmetal Inc. Welfare Benefits Plan · SAN JOSE, CA · plan year 2025

Broker compensation reported · 2025
$58,201

Cortec Precision Sheetmetal Inc.'s benefits plans covered 200 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $58,201 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $291 per covered person, above the median for employer plans that report broker pay. Broker pay fell 82% from $316,470 in 2024.

Insurance contracts · 20251
PRINCIPAL LIFE INSURANCE COMPANY · dental vision life std ltdpremiums n/a · 200 covered
Brokers & agents paid · 20253
N-GAGE, LLC$29,444
WORKSITE X, LLC$8,636
Also brokered by N-Gage, LLC3
Flogistix OK$34,690

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 770315369 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.