Plan Ledger DOL Form 5500 · updated monthly

Brotherhood of Maintenance of Way Employes Division of Ibtbenefits

Dental and Disability Income Protection · NOVI, MI · plan year 2024

Broker compensation reported · 2024
$30,272

Brotherhood of Maintenance of Way Employes Division of Ibt's benefits plans covered 122 active participants in 2024, providing dental · long-term disability. Insurance brokers and agents were paid $30,272 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $248 per covered person, above the median for employer plans that report broker pay. Brokers were paid 11.4x the $2,656 reported for 2023.

Insurance contracts · 20241
METROPOLITAN LIFE INSURANCE COMPANY · dental life ltdpremiums n/a · 302 covered
Brokers & agents paid · 20241
RANKIN AND RANKIN INC$30,272 · incl $1,741 fees
Also brokered by Rankin and Rankin Inc1

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 386004309 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.