Plan Ledger DOL Form 5500 · updated monthly

Detroit Automotive Technologiesbenefits

Detroit Automotive Technologies · BINGHAM FARMS, MI · plan year 2024

Broker compensation reported · 2024
$76,891

Detroit Automotive Technologies's benefits plans covered 259 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $1,684,053. Insurance brokers and agents were paid $76,891 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.6% of premiums. That is $297 per covered person, above the median for employer plans that report broker pay. Broker pay rose 6.2% from $72,412 in 2023.

Insurance contracts · 20243
BLUE CROSS BLUE SHIELD MICHIGAN · health dental vision$1.6M · 238 covered
BLUE CARE NETWORK OF MICHIGAN · health dental vision$87K · 21 covered
PRINCIPAL LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 246 covered
Brokers & agents paid · 20244
MICHAEL KRAUSE$49,426
MICHAEL A KRAUSE & ASSOCIATES INC$19,068
ALTRUIS BENEFIT CONSULTANTS INC$5,710
MICHAEL ALLEN KRAUSE$2,687

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 200471829 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.