Plan Ledger DOL Form 5500 · updated monthly

Midwest Fastener Corporationbenefits

Midwest Fastener Corp Employee Benefit Plan · KALAMAZOO, MI · plan year 2025

Broker compensation reported · 2025
$31,372

Midwest Fastener Corporation's benefits plans covered 248 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $151,149. Insurance brokers and agents were paid $31,372 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 20.8% of premiums. That is $127 per covered person, below the median for employer plans that report broker pay. Broker pay fell 29% from $44,424 in 2024.

Insurance contracts · 20252
DELTA DENTAL OF MICHIGAN · dental$151K · 444 covered
PRINCIPAL LIFE INSURANCE COMPANY · vision life std ltdpremiums n/a · 356 covered
Brokers & agents paid · 20252
LIGHTHOUSE GROUP$28,906 · incl $3,777 fees
ALERA GROUP, INC.$2,466 · incl $2,466 fees
Also brokered by Lighthouse Group5
Vec (USA), Inc. MI$44,272

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 381966341 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.