Sunward Steel Buildings, Inc.
Updated Filing received by DOL
Sunward Steel Buildings, Inc., a manufacturing — metal, equipment, transportation employer in Denver, Colorado, reported 111 participants in its health and welfare plan for plan year 2025. Its Form 5500 shows 2 insurance contracts with no premium reported and $51,029 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received the filing on May 14, 2026, before the deadline.
Who was paid on Sunward Steel Buildings, 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 Sunward Steel Buildings, Inc. filed for 2025.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| IMA Financial · Denver, CO | $49,103 | $1,926 | $51,029 | 3 |
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 |
|---|---|---|---|---|
| Cigna Health and Life Insurance Companyhealth, dental, vision | 127 | — | $47,396 | — |
| Life Insurance Company of North Americalife, long-term disability | 126 | — | $3,633 | — |
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 Sunward Steel Buildings, 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.
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 |
|---|---|---|---|---|
| Sunward Steel Buildings, Inc. Benefit Plan#501 · insurance, general assets | November 30, 2025 | May 14, 2026 | before deadline | 111 |
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 Sunward Steel Buildings, Inc. pay in health insurance broker commissions in 2025?
Sunward Steel Buildings, Inc.'s 2025 Form 5500 reports $51,029 in broker commissions and fees across 2 insurance contracts ($49,103 in commissions, $1,926 in fees), with IMA Financial receiving the largest share.
Is Sunward Steel Buildings, 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 Cigna Health and Life Insurance Company.
How does Sunward Steel Buildings, Inc.'s broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Sunward Steel Buildings, 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.