Plan Ledger DOL Form 5500 · updated monthly

Northern Star Industries, Incbenefits

Ibew LU2221 Health & Welfare Plan · IRON MOUNTAIN, MI · plan year 2024

Broker compensation reported · 2024
$108,316

Northern Star Industries, Inc's benefits plans covered 385 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $865,229. Insurance brokers and agents were paid $108,316 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 12.5% of premiums. That is $281 per covered person, above the median for employer plans that report broker pay. Broker pay rose 45% from $74,781 in 2023.

Insurance contracts · 20247
DELTA DENTAL OF MICHIGAN · dental$279K · 988 covered
STANDARD INSURANCE COMPANY · std$231K · 877 covered
STANDARD INSURANCE COMPANY · life$200K · 877 covered
STANDARD INSURANCE COMPANY · ltd$106K · 229 covered
STANDARD INSURANCE COMPANY · vision$50K · 406 covered
STANDARD INSURANCE COMPANYpremiums n/a · 195 covered
BLUE CROSS BLUE SHIELD OF MICHICAN · stop-losspremiums n/a · 362 covered
Brokers & agents paid · 20244
JAN R KRONENBURG$41,581 · incl $20,143 fees
HODGES-MACE BENEFITS GROUP INC$25,707 · incl $25,707 fees
JAN STAGE$8,264
Also brokered by Jan R Kronenburg1

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 381683485 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.