Plan Ledger DOL Form 5500 · updated monthly

Angels Placebenefits

Angels Place Welfare Benefit Plan · SOUTHFIELD, MI · plan year 2024

Broker compensation reported · 2024
$60,472

Angels Place's benefits plans covered 124 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance brokers and agents were paid $60,472 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $488 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 2.8% from $62,202 in 2023.

Insurance contracts · 20242
HEALTH ALLIANCE PLAN · health drug hmopremiums n/a · 83 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · dental vision life std ltdpremiums n/a · 124 covered
Brokers & agents paid · 20243
WILSHIRE BENEFITS GROUP$50,957 · incl $864 fees
HEALTH ALLIANCE ADMINISTRATORS$6,960
PATROIT GROWTH INSURANCE SERVICES$2,555 · incl $2,555 fees
Also brokered by Wilshire Benefits Group5
Honigman LLP MI$43,424

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 383068201 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.