Plan Ledger DOL Form 5500 · updated monthly

Altron Automation Group Incbenefits

Altron Automation Group Health & Welfare Benefit Plan · HUDSONVILLE, MI · plan year 2024

Broker compensation reported · 2024
$82,473

Altron Automation Group Inc's benefits plan covered 105 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $89,537. Insurance brokers and agents were paid $82,473 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 92.1% of premiums. That is $785 per covered person, in the top 10% of employer plans that report broker pay.

Insurance contracts · 20246
DELTA DENTAL OF MICHIGAN · dental$90K · 209 covered
PRIORITY HEALTH INSURANCE COMPANY · health drugpremiums n/a · 191 covered
STARMOUNT LIFE INSURANCE COMPANY · visionpremiums n/a · 70 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 105 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · ltdpremiums n/a · 53 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 56 covered
Brokers & agents paid · 20242
MARK W. SMITH$65,064
MW SMITH & ASSOCIATES, LLC$17,409
Also brokered by Mark W. Smith1

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 854184989 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.