Plan Ledger DOL Form 5500 · updated monthly

Standard Steel LLCbenefits

Standard Steel Hourly Group Benefit Plan · BURNHAM, PA · plan year 2024

Broker compensation reported · 2024
$167,645

Standard Steel LLC's benefits plans covered 601 active participants in 2024, providing life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $167,645 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $279 per covered person, above the median for employer plans that report broker pay. Broker pay rose 12% from $150,093 in 2023.

Insurance contracts · 20242
DEARBORN LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 606 covered
HEARTLAND · visionpremiums n/a · 1,270 covered
Brokers & agents paid · 20243
USI INSURANCE SERVICES SOUTHWEST$117,999 · incl $25,000 fees
CONSOLIDATED BENEFITS, INC.$46,500 · incl $46,500 fees
MARTIN R. MIRACLE$3,146
Also brokered by Usi5
The Faison Center VA$1,640,677

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 320020058 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.