Chardam Gear Co.benefits
Chardam Gear Co. Health Welfare Benefit Plan · STERLING HEIGHTS, MI · plan year 2025
Broker compensation reported · 2025
$59,661
Chardam Gear Co.'s benefits plans covered 131 active participants in 2025, providing health · life · dental · death benefits · other. Insurance brokers and agents were paid $59,661 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $455 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 69% from $189,600 in 2024.
Insurance contracts · 20254
HEALTH ALLIANCE PLAN · health hmopremiums n/a · 188 covered
ALLIANCE HEALTH AND LIFE INSURANCE COMPANY · health ppopremiums n/a · 101 covered
PRINCIPAL LIFE INSURANCE COMPANY · dental life ppopremiums n/a · 272 covered
CARE OF SOUTHEASTERN MICHIGANpremiums n/a · 148 covered
Brokers & agents paid · 20253
THE ASCEND GROUP PLLC$30,809
MARSH & MCLENNAN AGENCY LLC$26,140
PROFESSIONAL GROUP PLANS INC$2,712 · incl $2,712 fees
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 382599660 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.