Plan Ledger DOL Form 5500 · updated monthly

Alco Plastics, Inc.benefits

Alco Plastics, Inc. Employee Benefits Plan · ROMEO, MI · plan year 2023

Broker compensation reported · 2023
$51,126

Alco Plastics, Inc.'s benefits plan covered 141 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $883,878. Insurance brokers and agents were paid $51,126 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.8% of premiums. That is $363 per covered person, above the median for employer plans that report broker pay.

Insurance contracts · 20238
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$821K · 150 covered
STANDARD INSURANCE COMPANY · dental$55K · 100 covered
STANDARD INSURANCE COMPANY · vision$9K · 112 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 113 covered
UNITED OF OMAHA LIFE INSURANCE COMPANYpremiums n/a · 10 covered
UNITED OF OMAHA LIFE INSURANCE COMPANYpremiums n/a · 26 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · stdpremiums n/a · 113 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 16 covered
Brokers & agents paid · 20235
MICHAEL DILORENZO$35,435
MICHIGAN PLANNERS$4,135 · incl $2,163 fees
MICHIGAN PLANNERS INC.$4,716 · incl $4,203 fees
MICHIGAN PLANNNERS INC$6,712
MICHIGAN PLANNERS INC$128
Also brokered by Michael Dilorenzo5

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2023, EIN 382143768 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.