Plan Ledger DOL Form 5500 · updated monthly

Lake State Railway Companybenefits

Principal Life Insurance Company · SAGINAW, MI · plan year 2025

Broker compensation reported · 2025
$24,296

Lake State Railway Company's benefits plans covered 155 active participants in 2025, providing dental · life. Insurance brokers and agents were paid $24,296 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $157 per covered person, below the median for employer plans that report broker pay. Broker pay rose 39% from $17,492 in 2024.

Insurance contracts · 20252
PRINCIPAL LIFE INSURANCE COMPANY · dental vision life ppopremiums n/a · 155 covered
SIRIUSPOINT AMERICA INSURANCE COMPANY · health ppopremiums n/a · 19 covered
Brokers & agents paid · 20254
GA SOLUTIONS LLC$8,179 · incl $8,179 fees
ACRISURE, LLC$3,399 · incl $3,399 fees
Also brokered by Acrisure5

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 383023096 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.