Plan Ledger DOL Form 5500 · updated monthly

Delaco Steel Corporationbenefits

Delaco Steel Corporation Welfare Benefit Plan · DEARBORN, MI · plan year 2024

Broker compensation reported · 2024
$124,540

Delaco Steel Corporation's benefits plans covered 404 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $3,998,200. Insurance brokers and agents were paid $124,540 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.1% of premiums. That is $308 per covered person, above the median for employer plans that report broker pay. Broker pay fell 5.0% from $131,124 in 2023.

Insurance contracts · 20247
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug vision ppo$2.5M · 418 covered
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$1.4M · 293 covered
DELTA DENTAL OF MICHIGAN · dental ppo$177K · 692 covered
STARMOUNT LIFE INSURANCE COMPANY · visionpremiums n/a · 414 covered
EXCELLUS HEALTH PLAN, INC. · health drugpremiums n/a · 3 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 710 covered
PRINCIPAL LIFE INSURANCE COMPANY · vision life std ltdpremiums n/a · 664 covered
Brokers & agents paid · 20243
KRISTINE SCHEER$90,825 · incl $5 fees
WILSHIRE BENEFITS GROUP INC.$28,384
LIFETIME BENEFIT SOLUTIONS, INC.$5,331

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 382194701 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.