Plan Ledger DOL Form 5500 · updated monthly

The Corken Steel Products Companybenefits

The Corken Steel Products Company Welfare Benefit Plan · FLORENCE, KY · plan year 2024

Broker compensation reported · 2024
$37,505

The Corken Steel Products Company's benefits plans covered 350 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $37,505 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $107 per covered person, below the median for employer plans that report broker pay. Broker pay fell 33% from $55,564 in 2023.

Insurance contracts · 20242
GUARDIAN · dental visionpremiums n/a · 259 covered
PRINCIPAL LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 455 covered
Brokers & agents paid · 20246
ARC BENEFIT SOLUTIONS INC$17,041 · incl $4,106 fees
HUB HEARTLAND, LLC$11,655
CORNERSTONE BROKER INSURANCE SERVIC$2,064 · incl $2,064 fees
Also brokered by Arc Benefit Solutions Inc1

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 610503239 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.