Plan Ledger DOL Form 5500 · updated monthly

Geater Machining & Manufacturing Cobenefits

Geater Machining & Manufacturing Co Employee Life & Disability Plan · INDEPENDENCE, IA · plan year 2025

Broker compensation reported · 2025
$63,206

Geater Machining & Manufacturing Co's benefits plans covered 314 active participants in 2025, providing life · short-term disability · long-term disability. Insurance premiums totaled $2,645,121. Insurance brokers and agents were paid $63,206 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.4% of premiums. That is $201 per covered person, above the median for employer plans that report broker pay. Broker pay rose 22% from $51,971 in 2024.

Insurance contracts · 20257
WELLMARK BLUE CROSS AND BLUE SHIELD OF IOWA · health$2.6M · 248 covered
DELTA DENTAL OF IOWA · dentalpremiums n/a · 246 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · ltdpremiums n/a · 314 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life stdpremiums n/a · 314 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · stdpremiums n/a · 314 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 103 covered
VISION SERVICE PLAN · visionpremiums n/a · 225 covered
Brokers & agents paid · 20254
WELLMARK BLUE CROSS AND BLUE SHIELD$38,097
PEDERSEN DOWIE CLABBY & MCCAUSLAND$20,007 · incl $4,912 fees
PEDERSEN, DOWIE, CLABBY, MCCAUSLAND$1,827
GI GEORGE PARENT LP$3,275 · incl $3,275 fees

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 420885471 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.