Superior Steel, Inc.benefits
Superior Steel, Inc. Welfare Wrap Plan · KNOXVILLE, TN · plan year 2025
Superior Steel, Inc.'s benefits plans covered 140 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,431,078. Insurance brokers and agents were paid $114,404 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.0% of premiums. That is $817 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 6.6% from $122,500 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 621034234 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.