Plan Ledger DOL Form 5500 · updated monthly

Eaton Steel Bar Company, Inc.benefits

Eaton Steel Bar Company Health and Welfare Benefit Plan · OAK PARK, MI · plan year 2024

Broker compensation reported · 2024
$148,599

Eaton Steel Bar Company, Inc.'s benefits plans covered 381 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $3,510,519. Insurance brokers and agents were paid $148,599 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.2% of premiums. That is $390 per covered person, above the median for employer plans that report broker pay. Broker pay fell 5.9% from $157,987 in 2023.

Insurance contracts · 20245
BLUE CARE NETWORK OF MICHIGAN · health drug vision hmo$2.0M · 424 covered
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug vision ppo$1.2M · 273 covered
DELTA DENTAL OF MICHIGAN · dental$288K · 590 covered
PROCARE RX · health drugpremiums n/a · 301 covered
DEARBORN LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 381 covered
Brokers & agents paid · 20245
KAPNICK & COMPANY$38,928
KAPNICK & COMPANY, INC.$30,139 · incl $304 fees
CATHERINE HILTZ$28,525
DAVID F. HUNTZICKER$47,201
KAPNICK AND COMPANY INC$3,806 · incl $3,806 fees
Also brokered by Kapnick & Company5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 382374875 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.