Plan Ledger DOL Form 5500 · updated monthly

Gates Corporationbenefits

The Gates Corporation Employee Welfare Benefits Plan · DENVER, CO · plan year 2025

Broker compensation reported · 2025
$288,481

Gates Corporation's benefits plans covered 5,120 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $288,481 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $56 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 16% from $343,292 in 2024.

Insurance contracts · 20255
VISION SERVICE PLAN · visionpremiums n/a · 2,053 covered
METLIFE LEGAL PLANSpremiums n/a · 365 covered
MAGELLAN HEALTHCARE INC.premiums n/a · 2,908 covered
HARTFORD LIFE AND ACCIDENT · life ltdpremiums n/a · 5,120 covered
METROPOLITAN LIFE INSURANCE COMPANY · dentalpremiums n/a · 2,328 covered
Brokers & agents paid · 20252
HEALTH TRUST PURCHASING GROUP LP$93,681 · incl $93,681 fees
GALLAGHER BENEFIT SERVICES, INC.$194,800 · incl $49,702 fees
Also brokered by Health Trust Purchasing Group LP1
Safebuilt LLC CO$30,380

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 840857401 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.