Plan Ledger DOL Form 5500 · updated monthly

Dearborn Sausage Company Inc.benefits

Dearborn Sausage Company Inc. Employee Benefits Plan · DEARBORN, MI · plan year 2024

Previously filed as Dearborn Sausage Company, Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.

Broker compensation reported · 2024
$54,558

Dearborn Sausage Company Inc.'s benefits plans covered 133 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $1,275,696. Insurance brokers and agents were paid $54,558 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.3% of premiums. That is $410 per covered person, above the median for employer plans that report broker pay. Broker pay rose 19% from $45,737 in 2023.

Insurance contracts · 20246
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$1.1M · 122 covered
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$171K · 17 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 175 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · ltdpremiums n/a · 37 covered
PRINCIPAL LIFE INSURANCE COMPANY · dental vision ppopremiums n/a · 125 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 42 covered
Brokers & agents paid · 20244
JAMES T FLYNN$38,192
STRATEGIC BENEFITS NETWORK LLC$6,079 · incl $6,079 fees
FLYNN AND COMPANY EMPLOYEE BENEFIT$3,905
FLYNN & CO EMPLOYEE BENEFIT SVCS$6,382

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 381478646 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.