Plan Ledger DOL Form 5500 · updated monthly

Cryptonbenefits

Crypton LLC Welfare Benefit Plan · BLOOM FIELD HILLS, MI · plan year 2024

Broker compensation reported · 2024
$94,138

Crypton's benefits plans covered 192 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,645,971. Insurance brokers and agents were paid $94,138 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.7% of premiums. That is $490 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 9.0% from $103,452 in 2023.

Insurance contracts · 202410
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$1.6M · 221 covered
PRINCIPAL LIFE INSURANCE COMPANY · dental vision ppopremiums n/a · 213 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 180 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 180 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 214 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · stdpremiums n/a · 180 covered
Brokers & agents paid · 20244
GREGORY T. SUDDERTH$48,881
AFFILIATED AGENCIES LLC$9,404 · incl $4,895 fees
STRATEGIC SERVICES GROUP$35,086 · incl $9,658 fees
GIS BENEFITS INC$767 · incl $767 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 383156045 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.