Plan Ledger DOL Form 5500 · updated monthly

Bollinger Motors, Inc.benefits

Bollinger Motors Benefit Plan · OAK PARK, MI · plan year 2024

Broker compensation reported · 2024
$100,273

Bollinger Motors, Inc.'s benefits plan covered 142 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,329,097. Insurance brokers and agents were paid $100,273 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.5% of premiums. That is $706 per covered person, in the top 10% of employer plans that report broker pay.

Insurance contracts · 20242
BLUE CROSS BLUE SHIELD OF MICHIGAN · health ppo$1.3M · 270 covered
GUARDIAN · dental vision life std ltdpremiums n/a · 146 covered
Brokers & agents paid · 20241
MICHIGAN PLANNERS INC$100,273 · incl $3,498 fees
Also brokered by Michigan Planners Inc5
Al Serra, LLC MI$72,821

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 853949915 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.