Plan Ledger DOL Form 5500 · updated monthly

Light Metals Corporationbenefits

Light Metals Corporation Employee Benefits Plan · WYOMING, MI · plan year 2025

Broker compensation reported · 2025
$78,680

Light Metals Corporation's benefits plans covered 188 active participants in 2025, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $2,188,251. Insurance brokers and agents were paid $78,680 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.6% of premiums. That is $419 per covered person, above the median for employer plans that report broker pay. Broker pay fell 76% from $329,262 in 2024.

Insurance contracts · 20255
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$2.0M · 284 covered
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug dental vision ppo$169K · 318 covered
STANDARD INSURANCE COMPANY · lifepremiums n/a · 167 covered
METROPOLITAN LIFE INSURANCE COMPANY · lifepremiums n/a · 75 covered
HARTFORD LIFE AND ACCIDENT · ltdpremiums n/a · 55 covered
Brokers & agents paid · 20255
RICHARD H PHILLIPS$66,202
MMA SERVICE CORP$4,431 · incl $4,431 fees
DAVID MUILENBERG$2,649
DAVID M MUILENBERG$2,460
BERENDS-HENDRICKS-STUIT INS.$2,938 · incl $2,938 fees

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2025, EIN 381214489 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.