Plan Ledger DOL Form 5500 · updated monthly

Specialty Steel Treating, Inc.benefits

Specialty Steel Treating, Inc. Group Benefit Plan · FRASER, MI · plan year 2025

Broker compensation reported · 2025
$103,874

Specialty Steel Treating, Inc.'s benefits plans covered 217 active participants in 2025, providing health · life · dental · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,520,587. Insurance brokers and agents were paid $103,874 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.1% of premiums. That is $479 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 14% from $91,140 in 2024.

Insurance contracts · 20253
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$1.8M · 310 covered
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$715K · 42 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 217 covered
Brokers & agents paid · 20254
RICHARD BRUCE MONAHAN JR$76,571
BROWN & BROWN INSURANCE SERVCIES$16,808 · incl $4,942 fees
STRTEGIC NON-MEDICAL SOLUTION$8,629
BROWN AND BROWN INSURANCE SERVICES$1,866 · incl $1,866 fees

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 381513385 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.