Craneworks, Inc.
Updated Filing received by DOL
Craneworks, Inc., a real estate & rental employer in Birmingham, Alabama, reported 240 participants in its health and welfare plan for plan year 2025. Its Form 5500 shows $2.1M in insurance premiums across 5 contracts and $189,178 in broker commissions and fees, 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 May 6, 2026, before the deadline.
Who was paid on Craneworks, 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 Craneworks, Inc. filed for 2025.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Valent Group, LLC · Birmingham, AL | $110,580 | $0 | $110,580 | 3 |
| Lakeshore Benefit Alliance LLC · Birmingham, AL | $27,503 | $0 | $27,503 | 1 |
| Aci · Duluth, SC | $23,551 | $0 | $23,551 | 1 |
| Surety Marketing & Consulting · MT Pleasant, SC | $22,916 | $0 | $22,916 | 1 |
| Lba Service LLC · Birmingham, AL | $4,577 | $0 | $4,577 | 1 |
| Img · Indianapolis, IN | $0 | $51 | $51 | 1 |
Source: DOL Form 5500 Schedule A, Part I (broker commissions and fees), plan year 2025, as published in EBSA's 2025 "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 |
|---|---|---|---|---|
| Bluecross Blueshield of Alabamahealth, prescription drug, PPO | 415 | $2.1M | — | — |
| Guardiandental, vision, long-term disability | 190 | — | $19,218 | — |
| Zurich Insurance Companycoverage not coded | 183 | — | $138,132 | — |
| Prudential Insurance Company of Americalife, short-term disability, long-term disability | 227 | — | $31,828 | — |
| Anderson Williams McKinnis Co Inccoverage not coded | 33 | — | — | — |
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 Craneworks, 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.
Premium per covered person on medical contracts: $5,106 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 | 183 | 240 | +31.1% |
| Premiums filed | $2,210,221 | $2,118,870 | −4.1% |
| Broker commissions + fees | $191,756 | $189,178 | −1.3% |
| Commission rate | — | 0.0% | — |
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 |
|---|---|---|---|---|
| Craneworks, Inc. Health & Welfare Plan#504 · insurance, general assets | December 31, 2025 | May 6, 2026 | before deadline | 240 |
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 Craneworks, Inc. pay in health insurance broker commissions in 2025?
Craneworks, Inc.'s 2025 Form 5500 reports $189,178 in broker commissions and fees across 5 insurance contracts ($189,127 in commissions, $51 in fees), with Valent Group, LLC receiving the largest share.
Is Craneworks, Inc.'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 Bluecross Blueshield of Alabama.
How does Craneworks, Inc.'s broker compensation compare with similar employers?
Craneworks, Inc. 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 Alabama is 3.7%. 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.