Plan Ledger DOL Form 5500 · updated monthly

Eftec North America, LLCbenefits

Eftec North America Health and Welfare Plan · TAYLOR, MI · plan year 2025

Broker compensation reported · 2025
$133,990

Eftec North America, LLC's benefits plans covered 309 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $2,053,842. Insurance brokers and agents were paid $133,990 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.5% of premiums. That is $434 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 37% from $213,257 in 2024.

Insurance contracts · 20254
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$2.1M · 276 covered
METROPOLITAN LIFE INSURANCE COMPANY · dental life std ltdpremiums n/a · 309 covered
PRINCIPAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 62 covered
Brokers & agents paid · 20254
RISHIE T. MODI$102,595
MODI FINANCIAL$27,677 · incl $4,218 fees
MODI FINANCIAL, LLC$2,584
360 RISK MANAGEMENT, INC.$1,134 · incl $786 fees

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 383339877 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.