Plan Ledger DOL Form 5500 · updated monthly

Oil City Iron Works, Inc.benefits

Oil City Iron Works, Inc. Health and Welfare Plan · CORSICANA, TX · plan year 2025

Broker compensation reported · 2025
$173,660

Oil City Iron Works, Inc.'s benefits plans covered 225 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $173,660 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $772 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 15% from $151,210 in 2024.

Insurance contracts · 20253
METROPOLITAN LIFE INSURANCE COMPANY · visionpremiums n/a · 563 covered
UNITEDHEALTHCARE INSURANCE COMPANY · health drug dental ppopremiums n/a · 440 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 220 covered
Brokers & agents paid · 20251
USI INSURANCE SERVICES LLC$173,660 · incl $131,007 fees
Also brokered by Usi5
Adapthealth, LLC PA$827,688

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 750470800 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.