Plan Ledger DOL Form 5500 · updated monthly

Norfolk Iron & Metal Co.benefits

Norfolk Iron & Metal Co. Employee Benefit Plan · NORFOLK, NE · plan year 2025

Broker compensation reported · 2025
$44,340

Norfolk Iron & Metal Co.'s benefits plans covered 834 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $44,340 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $53 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 3.8% from $46,115 in 2024.

Insurance contracts · 20251
PRINCIPAL LIFE INSURANCE COMPANY · vision life std ltdpremiums n/a · 1,789 covered
Brokers & agents paid · 20252
HUB INTERNATIONAL LIMITED$25,097 · incl $25,097 fees
Also brokered by HUB International5
Rfe/Rl, Inc. DC$1,044,707

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 470460089 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.