Nagel Paper Inc Abzac-Usbenefits
Abzac-Us Welfare Plan · SWARTZ CREEK, MI · plan year 2025
Broker compensation reported · 2025
$39,986
Nagel Paper Inc Abzac-Us's benefits plans covered 165 active participants in 2025, providing health · life · dental · vision · other. Insurance premiums totaled $694,324. Insurance brokers and agents were paid $39,986 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.8% of premiums. That is $242 per covered person, above the median for employer plans that report broker pay. Broker pay fell 3.2% from $41,300 in 2024.
Insurance contracts · 20253
BLUE CARE NETWORK OF MICHIGAN · health drug ppo$436K · 58 covered
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$258K · 29 covered
PRINCIPAL LIFE INSURANCE COMPANY · dental vision life ppopremiums n/a · 165 covered
Brokers & agents paid · 20253
EDWARD T FOLTZ$31,007
STRATEGIC BENEFITS NETWORK, LLC$8,204
STRATEGIC BENEFITS NETWORK LLC$775 · incl $775 fees
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 383397595 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.