Plan Ledger DOL Form 5500 · updated monthly

Highway Equipment Companybenefits

New Leader Manufacturing Health and Welfare Plan · CEDAR RAPIDS, IA · plan year 2025

Broker compensation reported · 2025
$17,514

Highway Equipment Company's benefits plans covered 135 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $17,514 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $130 per covered person, below the median for employer plans that report broker pay. Broker pay fell 54% from $38,140 in 2024.

Insurance contracts · 20255
VISION SERVICE PLAN · visionpremiums n/a · 101 covered
TRANSAMERICA LIFE INSURANCE COMPANYpremiums n/a · 25 covered
UNITED HEALTHCARE INSURANCE COMPANYpremiums n/a · 121 covered
MERCY EAP SERVICESpremiums n/a · 141 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 137 covered
Brokers & agents paid · 20254
GALLAGHER BENEFIT SERVICES, INC.$15,088 · incl $2,680 fees
RHONDA S. PAPE$1,007
TRUENORTH COMPANIES. LLC$159
2 individual agents · names withheld$1,260

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Gallagher5
Prisma Health SC$2,123,789

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 421102581 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.