Plan Ledger DOL Form 5500 · updated monthly

Black Family Development, Inc.benefits

Black Family Development, Inc.S Health and Welfare Benefits Plan · DETROIT, MI · plan year 2024

Broker compensation reported · 2024
$71,227

Black Family Development, Inc.'s benefits plan covered 103 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits. Insurance premiums totaled $1,958,854. Insurance brokers and agents were paid $71,227 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.6% of premiums. That is $692 per covered person, in the top 10% of employer plans that report broker pay.

Insurance contracts · 20242
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug dental vision ppo$2.0M · 197 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · life stdpremiums n/a · 103 covered
Brokers & agents paid · 20243
REBECCA A MCLAUGHLAN$59,818
MARSH & MCLENNAN AGENCY LLC$10,012 · incl $2,638 fees
MARSH AND MCLENNAN AGCY LLC$1,397 · incl $1,397 fees
Also brokered by Rebecca a McLaughlan5
Trijicon Inc. MI$136,948

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 382248479 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.