Plan Ledger DOL Form 5500 · updated monthly

Detroit Manufacturing Systems, LLCbenefits

Detroit Manufacturing Systems, LLC Employee Benefit Plan · DETROIT, MI · plan year 2024

Broker compensation reported · 2024
$201,661

Detroit Manufacturing Systems, LLC's benefits plans covered 1,069 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $520,487. Insurance brokers and agents were paid $201,661 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 38.7% of premiums. That is $189 per covered person, below the median for employer plans that report broker pay. Broker pay fell 16% from $238,875 in 2023.

Insurance contracts · 20246
DELTA DENTAL OF MICHIGAN · dental$520K · 1,533 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · life stdpremiums n/a · 1,069 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 553 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · stdpremiums n/a · 1,055 covered
Brokers & agents paid · 20242
360 RISK MANAGEMENT$38,396 · incl $5,007 fees
MODI FINANCIAL LLC$163,265 · incl $26,975 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 453810227 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.