Plan Ledger DOL Form 5500 · updated monthly

Paragon Metals, LLCbenefits

Paragon Metals, LLC Welfare Benefit Plan · HILLSDALE, MI · plan year 2025

Broker compensation reported · 2025
$156,430

Paragon Metals, LLC's benefits plans covered 213 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $2,233,076. Insurance brokers and agents were paid $156,430 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.0% of premiums. That is $734 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 23% from $127,296 in 2024.

Insurance contracts · 20252
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$2.2M · 276 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental vision life std ltdpremiums n/a · 212 covered
Brokers & agents paid · 20252
LOCKTON COMPANIES, LLC$94,820 · incl $50,122 fees
ELAINE C. COFFMAN$61,610
Also brokered by Lockton5
Banner Health AZ$3,486,058
Peraton, Inc. VA$2,031,509
Dollar Tree, Inc. VA$1,645,687

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 061329217 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.