Plan Ledger DOL Form 5500 · updated monthly

Avalon Housing, Inc.benefits

Avalon Housing, Inc. Welfare Benefits Plan · ANN ARBOR, MI · plan year 2024

Broker compensation reported · 2024
$89,058

Avalon Housing, Inc.'s benefits plan covered 98 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,234,409. Insurance brokers and agents were paid $89,058 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.2% of premiums. That is $909 per covered person, in the top 10% of employer plans that report broker pay.

Insurance contracts · 20244
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$1.2M · 144 covered
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$71K · 4 covered
GUARDIAN · dental vision life std ltdpremiums n/a · 98 covered
ULLIANCE, INC.premiums n/a · 94 covered
Brokers & agents paid · 20244
KAPNICK & COMPANY INC.$24,930 · incl $7,049 fees
ELIZABETH MADZIAR$55,424
KAPNICK AND COMPANY INC.$1,107 · incl $1,107 fees
Also brokered by Kapnick & Company Inc.5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 383086920 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.