Plan Ledger DOL Form 5500 · updated monthly

Byrne Electrical Specialists Incbenefits

Byrne Electrical Specialists Inc Employee Benefit Plan · ROCKFORD, MI · plan year 2024

Broker compensation reported · 2024
$150,756

Byrne Electrical Specialists Inc's benefits plans covered 475 active participants in 2024, providing health · life · dental · vision · long-term disability · short-term disability · other. Insurance premiums totaled $3,767,616. Insurance brokers and agents were paid $150,756 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.0% of premiums. That is $317 per covered person, above the median for employer plans that report broker pay. Broker pay rose 29% from $116,914 in 2023.

Insurance contracts · 20244
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$3.5M · 567 covered
DELTA DENTAL OF MICHIGAN · dental$194K · 589 covered
BLUE CROSS AND BLUE SHIELD OF MICHIGAN · health drug ppo$38K · 2 covered
METROPOLITAN LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 663 covered
Brokers & agents paid · 20245
ADVANCED BENEFIT SOLUTIONS INC$57,962 · incl $6,401 fees
CARL R MESSING$46,597
KEYSTONE INSURERS GROUP INC$23,040 · incl $5,853 fees
ADVANCED BENEFIT SOLUTIONS, INC.$19,403
ACRISURE LLC$3,754 · incl $3,754 fees
Also brokered by Advanced Benefit Solutions Inc5
Tf-R Inc. MI$23,422

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 381948223 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.