Plan Ledger DOL Form 5500 · updated monthly

Dort Financial Credit Unionbenefits

Dort Financial Credit Union Welfare Benefit Plan · GRAND BLANC, MI · plan year 2025

Broker compensation reported · 2025
$189,006

Dort Financial Credit Union's benefits plans covered 366 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $319,995. Insurance brokers and agents were paid $189,006 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 59.1% of premiums. That is $516 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 5.4% from $179,380 in 2024.

Insurance contracts · 20255
DELTA DENTAL OF MICHIGAN · dental$320K · 630 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 378 covered
VISION SERVICE PLAN · visionpremiums n/a · 286 covered
PRIORITY HEALTH · healthpremiums n/a · 496 covered
PRIORITY HEALTH INSURANCE COMPANY · healthpremiums n/a · 122 covered
Brokers & agents paid · 20254
MICHAEL J DILORENZO$93,326
MICHIGAN PLANNERS, INC.$47,721
MICHIGAN PLANNERS INC$46,370 · incl $22,470 fees
MICHIGAN PLANNERS$1,589
Also brokered by Michael J Dilorenzo1

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 381440283 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.