Plan Ledger DOL Form 5500 · updated monthly

Miami Valley Steel Service Inc.benefits

Miami Valley Steel Service Health & Welfare Benefit Plan · PIQUA, OH · plan year 2025

Broker compensation reported · 2025
$17,723

Miami Valley Steel Service Inc.'s benefits plans covered 125 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $94,118. Insurance brokers and agents were paid $17,723 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 18.8% of premiums. That is $142 per covered person, below the median for employer plans that report broker pay. Broker pay fell 4.2% from $18,505 in 2024.

Insurance contracts · 20255
SUPERIOR DENTAL CARE, INC. · dental$94K · 133 covered
COMMUNITY INSURANCE COMPANY · visionpremiums n/a · 308 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · stdpremiums n/a · 125 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 125 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 125 covered
Brokers & agents paid · 20254
PHELAN INSURANCE AGENCY INC.$5,339
PHELAN INSURANCE AGENCY INC$6,980
GIS BENEFITS INC.$3,627 · incl $3,627 fees
GIS BENEFITS INC$1,777 · incl $1,777 fees
Also brokered by Phelan Insurance Agency Inc.1

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 311050813 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.