Plan Ledger DOL Form 5500 · updated monthly

Experi-Metal Inc.benefits

Experi-Metal Inc. Flexible Benefit Plan · STERLING HEIGHTS, MI · plan year 2024

Broker compensation reported · 2024
$57,552

Experi-Metal Inc.'s benefits plans covered 382 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,950,449. Insurance brokers and agents were paid $57,552 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.0% of premiums. That is $151 per covered person, below the median for employer plans that report broker pay. Broker pay fell 56% from $131,892 in 2023.

Insurance contracts · 20245
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$1.6M · 150 covered
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$1.1M · 150 covered
DELTA DENTAL OF MICHIGAN · dental$262K · 743 covered
VISION SERVICE PLAN · visionpremiums n/a · 270 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 382 covered
Brokers & agents paid · 20242
STEPHEN J. HETTRICK$14,444
BROWN AND BROWN OF MICHIGAN, INC.$43,108 · incl $2,605 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 382837382 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.