Central Iowa Sheet Metal Workers Health Fund - Joint Board of
Updated Filing received by DOL
Central Iowa Sheet Metal Workers Health Fund - Joint Board of, a construction employer in Des Moines, Iowa, reported 456 participants in its health and welfare plan for plan year 2025. Its Form 5500 shows $6.8M in insurance premiums across 2 contracts and no broker compensation, 0.0% of medical premium against a national median of 3.8% among plans that paid commissions in plan year 2024. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on September 3, 2026, within the extension window.
Insurance contracts and carriers
Every insurance contract reported on Schedule A: carrier, what it covers, people covered at year end, earned premium, and broker compensation.
| Carrier · coverage | Covered | Premium | Broker pay | Rate |
|---|---|---|---|---|
| Wellmark Blue Cross and Blue Shield of Iowahealth | 452 | $6.5M | — | — |
| Wellmark Blue Cross Blue Shield of Iowadental | 452 | $288,884 | — | — |
Source: DOL Form 5500 Schedule A, plan year 2025. Self-funded medical coverage has no premium; amounts shown for it are stop-loss or administrative contracts.
How Central Iowa Sheet Metal Workers Health Fund - Joint Board of compares
Medians across employers for plan year 2024, the most recent complete year. Commission rates use fully insured medical contracts only; dollar medians use every employer that disclosed broker pay.
Premium per covered person on medical contracts: $14,480 a year (national median $7,274).
Source: BenefitsLedger benchmarks from 58,547 employer health plans with 100 or more participants, plan year 2024. Methodology.
Year over year
| 2024 | 2025 | Change | |
|---|---|---|---|
| Participants | 465 | 456 | −1.9% |
| Premiums filed | $7,239,197 | $6,834,053 | −5.6% |
| Broker commissions + fees | $0 | $0 | — |
| Commission rate | 0.0% | 0.0% | +0.0 pts |
Source: DOL Form 5500 filings for plan years 2024 and 2025.
Filings and timeliness
Plans this employer filed under its EIN with a health benefit code. Large plans are due seven months after the plan year ends, or two and a half months later with an extension; amended filings carry the amendment date, so no timing is asserted for them.
| Plan | Plan year end | Received by DOL | Timing | Participants |
|---|---|---|---|---|
| Central Iowa Sheet Metal Workers Health Fund#501 · insurance, trust | December 31, 2025 | September 3, 2026 | within extension | 456 |
Source: DOL Form 5500 Part I and signature dates; "late" means received after the extended deadline (the 15th day of the tenth month after plan year end). What a late Form 5500 costs.
How much did Central Iowa Sheet Metal Workers Health Fund - Joint Board of pay in health insurance broker commissions in 2025?
Central Iowa Sheet Metal Workers Health Fund - Joint Board of's 2025 Form 5500 reports no broker commissions or fees on Schedule A. Self-funded plans often pay consultants directly, which the public filing does not always capture.
Is Central Iowa Sheet Metal Workers Health Fund - Joint Board of's health plan self-funded or fully insured?
The 2025 filing indicates the plan is a mix of insured and self-funded coverage. Medical coverage is written by Wellmark Blue Cross and Blue Shield of Iowa.
How does Central Iowa Sheet Metal Workers Health Fund - Joint Board of's broker compensation compare with similar employers?
Central Iowa Sheet Metal Workers Health Fund - Joint Board of paid 0.0% of medical premium in commissions and fees. The median for employers with 200-499 participants is 3.6%, and the median in Iowa is 1.6%. Percentages are computed only on fully insured medical contracts with filed premiums.
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Record built October 24, 2026 from U.S. Department of Labor, EBSA Form 5500 datasets (2025, 2024, 2023 plan years, 'Latest' files). Filings can run 7 to 10 months behind the plan year; always confirm against current plan documents. BenefitsLedger is not affiliated with the U.S. Department of Labor. Open the DOL filing search.