Plan Ledger DOL Form 5500 · updated monthly

Design Systems, Inc.benefits

Design Systems, Inc. Health & Welfare Benefit Plan · FARMINGTON HILLS, MI · plan year 2024

Broker compensation reported · 2024
$81,701

Design Systems, Inc.'s benefits plans covered 127 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,282,813. Insurance brokers and agents were paid $81,701 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.4% of premiums. That is $643 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 38% from $59,255 in 2023.

Insurance contracts · 20244
BLUE CROSS BLUE SHIELD OF MICHIGAN · health$1.1M · 184 covered
BLUE CARE NETWORK PF MICHIGAN · health hmo$209K · 42 covered
COMPANION LIFE INSURANCE COMPANY · dental visionpremiums n/a · 108 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 125 covered
Brokers & agents paid · 20242
E. ANDREA KINKADE$63,361

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 382473709 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.