Rosenboom Machine & Tool, Incbenefits
Rosenboom Machine & Tool, Inc. Employee Life & Vision Insurance · SHELDON, IA · plan year 2025
Previously filed as Rosenboom Machine & Tool, Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.
Rosenboom Machine & Tool, Inc's benefits plans covered 623 active participants in 2025, providing life · vision · short-term disability. Insurance premiums totaled $5,581,133. Insurance brokers and agents were paid $151,071 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.7% of premiums. That is $242 per covered person, above the median for employer plans that report broker pay. Broker pay fell 4.5% from $158,111 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 421258906 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.