Plan Ledger DOL Form 5500 · updated monthly

Detroit Academy of Arts and Sciencesbenefits

Detroit Academy of Arts and Sciences Benefit Plan · DETROIT, MI · plan year 2024

Broker compensation reported · 2024
$62,155

Detroit Academy of Arts and Sciences's benefits plans covered 87 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $927,730. Insurance brokers and agents were paid $62,155 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.7% of premiums. That is $714 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 10% from $56,369 in 2023.

Insurance contracts · 20244
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$852K · 118 covered
DELTA DENTAL OF MICHIGAN · dental$76K · 123 covered
HERITAGE VISION PLANS INC. · visionpremiums n/a · 136 covered
PRINCIPAL LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 126 covered
Brokers & agents paid · 20244
MELISSA ARMATIS$39,195
CENTRO BENEFITS RESEARCH, LLC$4,169 · incl $4,169 fees
ASSUREDPARTNERS$18,364 · incl $1,133 fees
AP BENEFIT ADVISORS, LLC$427 · incl $427 fees
Also brokered by Melissa Armatis5
Zomedica Inc. MI$97,725

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 383364099 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.