Form 5500 · Employee benefit plan · ELGIN, IL
WELCH BROS., INC.
WELCH BROS., INC. of ELGIN, IL spreads its employee benefits across 3 insurance carriers, according to its Form 5500 Schedule A. Its broker of record is A.M. INSURANCE GROUP INC.. Coverage is written through BLUECROSS BLUESHIELD OF ILLINOIS and 2 other carriers. The plan's most recent policy period ended in May.
Sourced from U.S. DOL EFAST2 Form 5500 · EIN 36-3115602 · plan 501 · as of Aug 2026
Plan brief
Schedule A lists 3 insured contracts covering health, dental, vision, life and disability; the largest, with BLUECROSS BLUESHIELD OF ILLINOIS, covers 524 people.
Reported premium across the insured contracts is $4,334,731, with $195,584 in disclosed broker commissions — about 4.5% of premium.
The most recent policy period ended in May, and the plan year ends May 31. Group contracts typically renew on that annual cycle.
A.M. INSURANCE GROUP INC. is the broker of record on 2 of the 3 contracts; the rest name a different broker or none.
3 carriers appear on the filing — BLUECROSS BLUESHIELD OF ILLINOIS, METROPOLITAN LIFE INSURANCE COMPANY and DEARBORN LIFE INSURANCE COMPANY — with BLUECROSS BLUESHIELD OF ILLINOIS writing the largest contract by premium.
Schedule A insurance contracts
| Carrier | Benefits | Covered | Renews | Premium | Commission |
|---|---|---|---|---|---|
| BLUECROSS BLUESHIELD OF ILLINOIS | Health | 524 | May | $4,026,859 | $160,844 |
| METROPOLITAN LIFE INSURANCE COMPANY | Dental, Vision, Disability | 442 | May | $307,872 | $34,740 |
| DEARBORN LIFE INSURANCE COMPANY | Life | 209 | May | — | $0 |
Covered = persons covered at policy year end, as filed on Schedule A for that policy — often certificates or one class, not the whole plan. Premium = the filing’s own premium/charges figure; “—” means not credibly reported.
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