Plan Ledger DOL Form 5500 · updated monthly

Panel Processing, Inc.benefits

Panel Processing, Inc. Employee Benefit Plan · ALPENA, MI · plan year 2025

Broker compensation reported · 2025
$18,736

Panel Processing, Inc.'s benefits plans covered 156 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $18,736 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $120 per covered person, below the median for employer plans that report broker pay. Broker pay fell 1.8% from $19,071 in 2024.

Insurance contracts · 20252
VISION SERVICE PLAN · visionpremiums n/a · 101 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life ltdpremiums n/a · 155 covered
Brokers & agents paid · 20252
HUB INTERNATIONAL MIDWEST LIMITED$17,965 · incl $4,433 fees
WATCHTOWER BENEFITS LLC$771 · incl $771 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 381946344 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.