Plan Ledger DOL Form 5500 · updated monthly

Precision, Inc.benefits

Precision, Inc. Health and Welfare Benefits Plan · PELLA, IA · plan year 2025

Broker compensation reported · 2025
$101,046

Precision, Inc.'s benefits plans covered 957 active participants in 2025, providing health · life · dental · vision · long-term disability · other. Insurance brokers and agents were paid $101,046 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $106 per covered person, below the median for employer plans that report broker pay. Broker pay rose 74% from $58,080 in 2024.

Insurance contracts · 20255
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 1,343 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 916 covered
METROPOLITAN LIFE INSURANCE COMPANY · healthpremiums n/a · 180 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 957 covered
METROPOLITAN LIFE INSURANCE COMPANY · healthpremiums n/a · 235 covered
Brokers & agents paid · 20254
ASSUREDPARTNERS GREAT PLAINS, INC$13,295
ASSUREDPARTNERS GREAT PLAINS, LLC$61,684 · incl $938 fees
BHERD$25,855 · incl $21,335 fees

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 421089098 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.