Plan Ledger DOL Form 5500 · updated monthly

Bill Brown Ford, Inc.benefits

Bill Brown Ford Employee Benefit Plan · LIVONIA, MI · plan year 2023

Broker compensation reported · 2023
$81,303

Bill Brown Ford, Inc.'s benefits plan covered 270 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $1,945,550. Insurance brokers and agents were paid $81,303 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.2% of premiums. That is $301 per covered person, above the median for employer plans that report broker pay.

Insurance contracts · 202310
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$1.2M · 157 covered
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$708K · 126 covered
DELTA DENTAL OF MICHIGAN · dental$75K · 269 covered
DELTA DENTAL OF MICHIGAN · dental hmo$8K · 33 covered
VISION SERVICE PLAN · visionpremiums n/a · 128 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · ltdpremiums n/a · 52 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 271 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · stdpremiums n/a · 54 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 19 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 54 covered
Brokers & agents paid · 20235
ROBERT V. WEILAND$56,256
KAPNICK & COMPANY INC.$18,234 · incl $6,174 fees
KAPNICK AND CO. INC.$1,083
KAPNICK & COMPANY, INC.$5,728 · incl $1,700 fees
SAFE HARBORS INC.$2
Also brokered by Robert V. Weiland1

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 382326648 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.