Plan Ledger DOL Form 5500 · updated monthly

Champion Education Networkbenefits

Champion Education Network Welfare Benefit Plan · DETROIT, MI · plan year 2024

Broker compensation reported · 2024
$41,768

Champion Education Network's benefits plans covered 123 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $41,768 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $340 per covered person, above the median for employer plans that report broker pay. Broker pay rose 17% from $35,789 in 2023.

Insurance contracts · 20241
UNITEDHEALTHCARE INSURANCE COMPANY · health drug dental vision life std ltd ppopremiums n/a · 88 covered
Brokers & agents paid · 20242
MODI FINANCIAL, LLC$30,302 · incl $27,649 fees
360 RISK MANAGEMENT INC$11,466 · incl $9,321 fees
Also brokered by Modi Financial, LLC1

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 463626223 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.