Plan Ledger DOL Form 5500 · updated monthly

Danville Metal Stamping Co., Incbenefits

Danville Metal Stamping Employee Welfare Plan · DANVILLE, IL · plan year 2024

Broker compensation reported · 2024
$23,170

Danville Metal Stamping Co., Inc's benefits plans covered 395 active participants in 2024, providing health · life · dental · vision · short-term disability. Insurance premiums totaled $255,066. Insurance brokers and agents were paid $23,170 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.1% of premiums. That is $59 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 38% from $16,776 in 2023.

Insurance contracts · 20244
STANDARD INSURANCE COMPANY · dental$140K · 280 covered
STANDARD INSURANCE COMPANY · life$64K · 366 covered
STANDARD INSURANCE COMPANY · vision$51K · 249 covered
HEALTH ALLIANCE MEDICAL PLANS · healthpremiums n/a · 360 covered
Brokers & agents paid · 20242
JAMES R NELLIGAN & ASSOC LLC$12,754
HUB INTERNATIONAL MIDWEST LIMITED$10,416 · incl $2,848 fees
Also brokered by James R Nelligan & Assoc LLC5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 370637099 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.