Qualico Steel Company, Inc.benefits
Qualico Steel Company, Inc. · WEBB, AL · plan year 2024
Broker compensation reported · 2024
$128,596
Qualico Steel Company, Inc.'s benefits plans covered 931 active participants in 2024, providing health · dental. Insurance premiums totaled $293,191. Insurance brokers and agents were paid $128,596 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 43.9% of premiums. That is $138 per covered person, below the median for employer plans that report broker pay. Broker pay rose 10% from $116,574 in 2023.
Insurance contracts · 20242
SIRIUS AMERICA INSURANCE COMPANY · stop-loss$293K · 458 covered
PRINCIPAL LIFE INSURANCE COMPANY · dental vision life std ppopremiums n/a · 1,081 covered
Brokers & agents paid · 20242
DAVID S MADDOX$91,083
MCDAVID A MADDOX$37,513
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 630707385 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.