Plan Ledger DOL Form 5500 · updated monthly

Electro-Matic Ventures Incbenefits

Electro-Matic Ventures Inc Ancillary Benefits Plan · FARMINGTON HILLS, MI · plan year 2023

Broker compensation reported · 2023
$19,321

Electro-Matic Ventures Inc's benefits plan covered 204 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $19,321 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $95 per covered person, below the median for employer plans that report broker pay.

Insurance contracts · 20234
METROPOLITAN LIFE INSURANCE COMPANY · dentalpremiums n/a · 305 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 157 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 204 covered
Brokers & agents paid · 20231
BROWN AND BROWN OF MICHIGAN, INC.$19,321 · incl $2,921 fees
Also brokered by Brown & Brown5
Brown & Brown, Inc. FL$7,563,926

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 381993343 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.