Plan Ledger DOL Form 5500 · updated monthly

Besser Companybenefits

Besser Company Health & Welfare Plan · ALPENA, MI · plan year 2025

Broker compensation reported · 2025
$52,994

Besser Company's benefits plans covered 498 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $269,420. Insurance brokers and agents were paid $52,994 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 19.7% of premiums. That is $106 per covered person, below the median for employer plans that report broker pay. Broker pay rose 70% from $31,155 in 2024.

Insurance contracts · 20255
DELTA DENTAL OF MICHIGAN · dental$269K · 819 covered
UNITED AMERICAN INSURANCE COMPANY · healthpremiums n/a · 9 covered
ELIXIR · drugpremiums n/a · 2 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 498 covered
Brokers & agents paid · 20253
CENTRO BENEFITS GROUP, LLC$21,310 · incl $21,310 fees
HYLANT GROUP, INC.$28,263 · incl $15,320 fees
AMWINS GROUP BENEFITS, LLC$3,421
Also brokered by Centro Benefits Group, LLC5

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 381989675 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.