BenefitsLedger
Employer health plan record · Plan year 2025 (latest filing) · Form 5500

Hadley Products Corporation

Updated Filing received by DOL

Hadley Products Corporation, a manufacturing — metal, equipment, transportation employer in Grand Rapids, Michigan, reported 643 participants in its health and welfare plan for plan year 2025. Its Form 5500 shows 15 insurance contracts with no premium reported and $176,849 in broker commissions and fees. The plan is fully insured (an insurance carrier pays claims). The Department of Labor received the filing on June 10, 2026, before the deadline.

Participants
643
−0.9% vs 2024
Premiums filed
none
premium not reported on 6 medical contracts
Broker commissions + fees
$176,849
+3.0% vs 2024
Commission rate
n/a
needs insured medical premium

Who was paid on Hadley Products Corporation's plan

Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Hadley Products Corporation filed for 2025.

Broker or agentCommissionsFeesTotalContracts
Jennifer L Tinker · Grand Rapids, MI$176,849$0$176,84915

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 · coverageCoveredPremiumBroker payRate
Priority Healthhealth, prescription drug214—$35,265—
The Lincoln National Life Insurance Companylong-term disability104—$3,779—
The Lincoln National Life Insurance Companyshort-term disability83—$2,778—
The Lincoln National Life Insurance Companylife587—$4,042—
Priority Healthhealth, prescription drug71—$10,060—
The Lincoln National Life Insurance Companyshort-term disability175—$9,457—
The Lincoln National Life Insurance Companycoverage not coded152—$5,229—
The Lincoln National Life Insurance Companylong-term disability77—$6,949—
The Lincoln National Life Insurance Companydental414—$7,700—
The Lincoln National Life Insurance Companylife239—$10,321—
The Lincoln National Life Insurance Companycoverage not coded98—$6,520—
Priority Health Insurance Companyhealth, prescription drug8—$981—
Priority Health Insurance Companyhealth, prescription drug207—$32,640—
Priority Health Insurance Companyhealth, prescription drug168—$26,019—
Priority Health Insurance Companyhealth, prescription drug102—$15,109—

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 Hadley Products Corporation 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.

Broker commissions + fees, dollars
Hadley Products Corporation
$176,849
Commission rate, % of medical premium

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

$171,631$176,849Broker pay20242025
Hadley Products Corporation: premiums and broker commissions + fees, 2024 vs 2025
20242025Change
Participants649643−0.9%
Premiums filed$0$0not comparable
Broker commissions + fees$171,631$176,849+3.0%
Commission rate———

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.

PlanPlan year endReceived by DOLTimingParticipants
Hadley Products Corporation Health and Welfare Benefit Plan#501 · insuranceDecember 31, 2025June 10, 2026before deadline643

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 Hadley Products Corporation pay in health insurance broker commissions in 2025?

Hadley Products Corporation's 2025 Form 5500 reports $176,849 in broker commissions and fees across 15 insurance contracts ($176,849 in commissions, $0 in fees), with Jennifer L Tinker receiving the largest share.

Is Hadley Products Corporation's health plan self-funded or fully insured?

The 2025 filing indicates the plan is fully insured (an insurance carrier pays claims). Medical coverage is written by Priority Health, Priority Health Insurance Company.

How does Hadley Products Corporation's broker compensation compare with similar employers?

A commission-to-premium ratio cannot be computed for Hadley Products Corporation because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 500-999 participants that disclosed broker pay reported a median of $104,902.

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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.