Plan Ledger DOL Form 5500 · updated monthly

Altarum Institutebenefits

Altarum Institute Health and Welfare Benefits Plan · NOVI, MI · plan year 2025

Broker compensation reported · 2025
$72,419

Altarum Institute's benefits plans covered 140 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $13,301. Insurance brokers and agents were paid $72,419 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 544.5% of premiums. That is $517 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 25% from $96,841 in 2024.

Insurance contracts · 20255
VISION SERVICE PLAN · vision$13K · 129 covered
PRUDENTIAL INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 140 covered
AETNA LIFE INSURANCE COMPANYpremiums n/a · 121 covered
FEDERAL INSURANCE COMPANY (CHUBB)premiums n/a · 140 covered
HCC LIFE INSURANCE COMPANY · stop-losspremiums n/a · 127 covered
Brokers & agents paid · 20252
MARSH & MCLENNAN AGENCY LLC$72,379 · incl $2,626 fees
IMG$40 · incl $40 fees
Also brokered by Marsh McLennan Agency5
Rme LTD. LLC CO$10,578,643

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 381983442 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.