Plan Ledger DOL Form 5500 · updated monthly

B&M Ashman, Inc.benefits

B&M Ashman Medical Plan · CANTON, MI · plan year 2024

Broker compensation reported · 2024
$93,037

B&M Ashman, Inc.'s benefits plans covered 112 active participants in 2024, providing health. Insurance premiums totaled $85,470. Insurance brokers and agents were paid $93,037 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 108.9% of premiums. That is $831 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 94% from $48,005 in 2023.

Insurance contracts · 20244
DELTA DENTAL OF MICHIGAN · dental$85K · 214 covered
PRIORITY HEALTH · health drugpremiums n/a · 112 covered
PRIORITY HEALTH INSURANCE COMPANY · health drugpremiums n/a · 98 covered
METROPOLITAN LIFE INSURANCE COMPANY · vision life std ltdpremiums n/a · 253 covered
Brokers & agents paid · 20245
STEVEN SMITH$57,269
GALLAGHER BENEFIT SERVICE, INC.$14,799 · incl $1,582 fees
JAMES R. NELLIGAN & ASSOCIATES, LLC$9,118 · incl $2,510 fees
GRA BENEFITS GROUP, LLC$3,304 · incl $3,304 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 383200221 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.