Plan Ledger DOL Form 5500 · updated monthly

Berkshire Production Supply, LLCbenefits

Berkshire Production Supply, LLC Wrap Plan · NOVI, MI · plan year 2024

Broker compensation reported · 2024
$289,573

Berkshire Production Supply, LLC's benefits plans covered 922 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $510,488. Insurance brokers and agents were paid $289,573 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 56.7% of premiums. That is $314 per covered person, above the median for employer plans that report broker pay. Broker pay rose 18% from $244,487 in 2023.

Insurance contracts · 20246
DELTA DENTAL OF MICHIGAN · dental$510K · 1,710 covered
STARMOUNT LIFE INSURANCE COMPANY · visionpremiums n/a · 695 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 932 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life stdpremiums n/a · 495 covered
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug stop-losspremiums n/a · 1,478 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 1,009 covered
Brokers & agents paid · 20245
INSURANCE CONSULTING ASSOCIATES$115,888 · incl $10,038 fees
FRANK J MAYER$59,614 · incl $43,272 fees
INSURANCE CONSULTING ASSOCIATES LLC$91,966 · incl $6,576 fees
INSURANCE CONSULTING ASSOCIATE$12,079 · incl $1,028 fees
CORNERSTONE BENEFITS LLC$10,026
Also brokered by Insurance Consulting Associates5
Shea Buick Gmc MI$29,508
Hagopian MI$14,256

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 202178725 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.