KSM Castings USA Inc.
Updated Filing received by DOL
KSM Castings USA Inc., a manufacturing — metal, equipment, transportation employer in Shelby, North Carolina, reported 177 participants in its health and welfare plan for plan year 2025. Its Form 5500 shows 3 insurance contracts with no premium reported and $115,091 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on July 13, 2026, before the deadline.
Who was paid on KSM Castings USA 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 KSM Castings USA Inc. filed for 2025.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Main Street Financial Group Inc · Tryon, NC | $41,942 | $10,235 | $52,177 | 2 |
| Thomas Flack · Forest City, NC | $24,801 | $0 | $24,801 | 1 |
| United Producers Group LLC · Mount Pleasant, SC | $13,424 | $0 | $13,424 | 1 |
| Toni E Sneed LLC · Huntersville, NC | $4,913 | $62 | $4,975 | 1 |
| Erika D Dalton · Concord, NC | $3,870 | $166 | $4,036 | 1 |
| Frances LYNN McCarter · Huntersville, NC | $3,436 | $484 | $3,920 | 1 |
| Joanne K Roy · Mint Hill, NC | $2,249 | $1,158 | $3,407 | 1 |
| Donna N Dwyer · High Point, NC | $2,818 | $359 | $3,177 | 1 |
| Juan Carlos Suarez · Winston Salem, NC | $1,740 | $201 | $1,941 | 1 |
| Michael N Thorn · Greensboro, NC | $613 | $158 | $771 | 1 |
| Founders Financial Group LLC · Lancaster, SC | $397 | $296 | $693 | 1 |
| Swidpro LLC · Raleigh, NC | $259 | $244 | $503 | 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 |
|---|---|---|---|---|
| Blue Cross Blue Shield of North Carolinahealth, prescription drug, PPO | 155 | — | $24,801 | — |
| The Guardian Life Insurance Company of Americadental, vision, life, short-term disability, long-term disability | 178 | — | $52,593 | — |
| Colonial Life & Accident Insurance Companycoverage not coded | 76 | — | $37,697 | — |
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 KSM Castings USA 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
| 2024 | 2025 | Change | |
|---|---|---|---|
| Participants | 218 | 177 | −18.8% |
| Premiums filed | $0 | $0 | not comparable |
| Broker commissions + fees | $93,436 | $115,091 | +23.2% |
| 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.
| Plan | Plan year end | Received by DOL | Timing | Participants |
|---|---|---|---|---|
| KSM Castings USA Inc. Employee Benefit Plan#501 · insurance, general assets | December 31, 2025 | July 13, 2026 | before deadline | 177 |
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 KSM Castings USA Inc. pay in health insurance broker commissions in 2025?
KSM Castings USA Inc.'s 2025 Form 5500 reports $115,091 in broker commissions and fees across 3 insurance contracts ($101,422 in commissions, $13,669 in fees), with Main Street Financial Group Inc receiving the largest share.
Is KSM Castings USA 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 Blue Cross Blue Shield of North Carolina.
How does KSM Castings USA Inc.'s broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for KSM Castings USA Inc. because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 100-199 participants that disclosed broker pay reported a median of $53,852.
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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.