Dornerworks, LTD.benefits
Dornerworks Welfare Benefit Plan · GRAND RAPIDS, MI · plan year 2023
Broker compensation reported · 2023
$55,994
Dornerworks, LTD.'s benefits plan covered 100 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $906,936. Insurance brokers and agents were paid $55,994 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.2% of premiums. That is $560 per covered person, in the top quarter of employer plans that report broker pay.
Insurance contracts · 20234
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$839K · 205 covered
DELTA DENTAL OF MICHIGAN · dental$68K · 181 covered
STARMOUNT LIFE INSURANCE COMPANY · dental visionpremiums n/a · 51 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 72 covered
Brokers & agents paid · 20234
MAX RISPLER$40,587
HYLANT GROUP$984 · incl $984 fees
HYLANT GROUP INC$12,515 · incl $1,068 fees
Also brokered by Max Rispler5
Lowery Corporation dba Applied Imaging MI$48,258
Optimizerx Corporation MI$46,486
G-M Companies, Inc. MI$40,040
Air Lift Company MI$37,396
Dood Enterprises MI$26,658
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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 383534524 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.