Plan Ledger DOL Form 5500 · updated monthly

Craneworks, Inc.benefits

Craneworks, Inc. Health & Welfare Plan · BIRMINGHAM, AL · plan year 2025

Previously filed as Craneworks,Inc., Craneworks, Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.

Broker compensation reported · 2025
$189,178

Craneworks, Inc.'s benefits plans covered 240 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,118,870. Insurance brokers and agents were paid $189,178 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.9% of premiums. That is $788 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 1.3% from $191,756 in 2024.

Insurance contracts · 20255
BLUECROSS BLUESHIELD OF ALABAMA · health drug ppo$2.1M · 415 covered
GUARDIAN · dental vision ltdpremiums n/a · 190 covered
ZURICH INSURANCE COMPANYpremiums n/a · 183 covered
PRUDENTIAL INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 227 covered
ANDERSON WILLIAMS MCKINNIS CO INCpremiums n/a · 33 covered
Brokers & agents paid · 20258
VALENT GROUP$59,585
VALENT GROUP LLC$31,777
LAKESHORE BENEFIT ALLIANCE LLC$27,503
ACI$23,551
SURETY MARKETING & CONSULTING$22,916
VALENT GROUP, LLC$19,218
LBA SERVICE LLC$4,577
IMG$51 · incl $51 fees
Also brokered by Valent Group5
Bmss, LLC AL$79,161

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 630947302 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.