Plan Ledger DOL Form 5500 · updated monthly

D&R USAbenefits

D&R USA Section 125 Plan · ARMADA, MI · plan year 2023

Broker compensation reported · 2023
$415,112

D&R USA's benefits plan covered 282 active participants in 2023, providing life · short-term disability · health · vision. Insurance premiums totaled $214,444. Insurance brokers and agents were paid $415,112 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 193.6% of premiums. That is $1,472 per covered person, in the top 10% of employer plans that report broker pay.

Insurance contracts · 20235
CAREFIRST BC/BS · health drug stop-loss ppo$214K · 205 covered
METLIFE INSURANCE COMPANY · dental ppopremiums n/a · 469 covered
SUPERIOR VISION PLAN · visionpremiums n/a · 263 covered
ONE AMERICA/ AUL · stdpremiums n/a · 282 covered
ONE AMERICA/ AUL · lifepremiums n/a · 282 covered
Brokers & agents paid · 20232
CAREFIRST ADMINISTRATORS$368,810 · incl $368,810 fees
CBG$46,302
Also brokered by Carefirst Administrators3
Rich Logistics AR$919,485

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 953946535 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.