Plan Ledger DOL Form 5500 · updated monthly

Blue Ribbon Restaurants Novi, LLCbenefits

Blue Ribbon Health and Welfare Plan · TROY, MI · plan year 2025

Broker compensation reported · 2025
$49,702

Blue Ribbon Restaurants Novi, LLC's benefits plans covered 60 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $866,572. Insurance brokers and agents were paid $49,702 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.7% of premiums. That is $828 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 3.2% from $51,356 in 2024.

Insurance contracts · 20252
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$867K · 111 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · dental vision life std ltdpremiums n/a · 85 covered
Brokers & agents paid · 20253
SALVATORE J. GIAMMARUSTI III$22,947
SCOTT SETTLE$15,708
USI INSURANCE SERVICES LLC$11,047 · incl $4,826 fees
Also brokered by Salvatore J. Giammarusti III3

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 203483015 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.