Plan Ledger DOL Form 5500 · updated monthly

General Fasteners Companybenefits

General Fasteners Flexible Benefit Plan · LIVONIA, MI · plan year 2025

Broker compensation reported · 2025
$52,224

General Fasteners Company's benefits plans covered 148 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $90,986. Insurance brokers and agents were paid $52,224 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 57.4% of premiums. That is $353 per covered person, above the median for employer plans that report broker pay. Broker pay rose 7.4% from $48,639 in 2024.

Insurance contracts · 20253
BLUE CROSS BLUE SHIELD OF MICHIGAN · dental vision ppo$91K · 214 covered
METROPOLITAN LIFE INSURANCE COMPANY · life ltdpremiums n/a · 216 covered
BLUE CROSS BLUE SHIELD OF MICHIGAN · health stop-losspremiums n/a · 114 covered
Brokers & agents paid · 20252
KELLEY A DEMIRYAN$37,138 · incl $22,944 fees
GALLAGHER BENEFIT SERVICES INC$15,086 · incl $3,580 fees

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 381850093 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.