Plan Ledger DOL Form 5500 · updated monthly

World Tek Industriesbenefits

World Tek Industries Welfare Benefit · ROMULUS, MI · plan year 2025

Broker compensation reported · 2025
$79,233

World Tek Industries's benefits plans covered 106 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,285,163. Insurance brokers and agents were paid $79,233 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.2% of premiums. That is $747 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 39% from $129,829 in 2024.

Insurance contracts · 20254
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$1.0M · 149 covered
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$250K · 54 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental life std ltdpremiums n/a · 104 covered
Brokers & agents paid · 20256
JEROME P. CIARAMITARO$37,099
DAVID F HUNTZICKER$11,360
KAPNICK & COMPANY INC.$4,746
DAVID F. HUNTZICKER$2,851
KAPNICK INSURANCE GROUP$889
CORNERSTONE BENEFIT PLANS$22,288 · incl $1,246 fees

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 273930872 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.