Cortec Precision Sheetmetal Inc.
Updated Filing received by DOL a plan year 2025 filing was received June 10, 2026 for 1 of this employer's 2 plans; this record moves to 2025 when all have arrived
Cortec Precision Sheetmetal Inc., a manufacturing — metal, equipment, transportation employer in San Jose, California, reported 295 participants in its health and welfare plans for plan year 2024. Its Form 5500 shows 5 insurance contracts with no premium reported and $316,470 in broker commissions and fees. The plan is fully insured (an insurance carrier pays claims). The Department of Labor received the filing on May 15, 2026, within the extension window.
Who was paid on Cortec Precision Sheetmetal Inc.'s plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Cortec Precision Sheetmetal Inc. filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Glass & Associates Fin & Ins. SVCS · Saratoga, CA | $110,574 | $0 | $110,574 | 1 |
| RSC Insurance Brokerage, Inc. · Roseville, CA | $75,381 | $0 | $75,381 | 1 |
| Worksite X LLC · Wildwood, MO | $51,199 | $0 | $51,199 | 1 |
| Worksitex, LLC · Richardson, TX | $28,443 | $0 | $28,443 | 1 |
| E a Miles Insurance Services, Inc. · San Jose, CA | $26,213 | $0 | $26,213 | 1 |
| N-Gage LLC · Green Bay, WI | $23,020 | $0 | $23,020 | 1 |
| James Frederick Glass · San Jose, CA | $1,640 | $0 | $1,640 | 1 |
Source: DOL Form 5500 Schedule A, Part I (broker commissions and fees), plan year 2024, as published in EBSA's 2024 "Latest" dataset. Part I names whoever the carrier paid, which can be a firm or an individual agent; both are public record. Amounts exclude pay from carriers not tied to a listed contract.
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 |
|---|---|---|---|---|
| Kaiser Foundation Health Plan, Inc.health, prescription drug, HMO | 298 | — | $185,955 | — |
| Delta Dental of Calilforniadental | 296 | — | $26,213 | — |
| Sun Life Assurance Company of Canadalife | 205 | — | $1,640 | — |
| The Guardian Life Insurance Company of Americadental, life, short-term disability, long-term disability | 129 | — | $51,463 | — |
| Unitedhealthcare Insurance Companyhealth | 145 | — | $51,199 | — |
Source: DOL Form 5500 Schedule A, plan year 2024. Self-funded medical coverage has no premium; amounts shown for it are stop-loss or administrative contracts.
How Cortec Precision Sheetmetal Inc. 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.
Not computable: no insured medical premium on the filing.
Source: BenefitsLedger benchmarks from 58,547 employer health plans with 100 or more participants, plan year 2024. Methodology.
Year over year
| 2023 | 2024 | Change | |
|---|---|---|---|
| Participants | 280 | 295 | +5.4% |
| Premiums filed | $0 | $0 | not comparable |
| Broker commissions + fees | $256,166 | $316,470 | +23.5% |
| Commission rate | — | — | — |
Source: DOL Form 5500 filings for plan years 2023 and 2024.
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 |
|---|---|---|---|---|
| Cortec Precision Sheetmetal Inc. Welfare Benefits Plan#501 · insurance | August 31, 2025 | May 15, 2026 | within extension | 295 |
| Cortec Precision Sheetmetal Inc. Welfare Benefits Plan#502 · insurance | December 31, 2024 | May 12, 2025 | before deadline | 123 |
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 Cortec Precision Sheetmetal Inc. pay in health insurance broker commissions in 2024?
Cortec Precision Sheetmetal Inc.'s 2024 Form 5500 reports $316,470 in broker commissions and fees across 5 insurance contracts ($316,470 in commissions, $0 in fees), with Glass & Associates Fin & Ins. SVCS receiving the largest share.
Is Cortec Precision Sheetmetal Inc.'s health plan self-funded or fully insured?
The 2024 filing indicates the plan is fully insured (an insurance carrier pays claims). Medical coverage is written by Kaiser Foundation Health Plan, Inc., Unitedhealthcare Insurance Company.
How does Cortec Precision Sheetmetal Inc.'s broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Cortec Precision Sheetmetal Inc. because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 200-499 participants that disclosed broker pay reported a median of $77,013.
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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.