Plan Ledger DOL Form 5500 · updated monthly

Electronic Restoration Services Incbenefits

Electronic Restoration Services · LIVONIA, MI · plan year 2023

Broker compensation reported · 2023
$49,416

Electronic Restoration Services Inc's benefits plan covered 83 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $60,633. Insurance brokers and agents were paid $49,416 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 81.5% of premiums. That is $595 per covered person, in the top quarter of employer plans that report broker pay.

Insurance contracts · 20234
DELTA DENTAL OF MICHIGAN · dental$61K · 129 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental vision life std ltdpremiums n/a · 83 covered
BLUE CROSS AND BLUE SHIELD OF MICHIGAN · health drug ppopremiums n/a · 762 covered
BLUE CARE NETWORK OF MICHIGAN · health drug hmopremiums n/a · 34 covered
Brokers & agents paid · 20235
AUSTIN FINANCIAL GROUP, LLC$21,727
UNKNOWN$11,833
AUSTIN BENEFITS GROUP, LLC$9,982 · incl $1,032 fees
AUSTIN BENEFITS GROUP$5,626
LIFETIME FINANCIAL GROWTH OF M.$248
Also brokered by Austin Financial Group, LLC5
Xebia USA Inc MI$61,548
Kasco, Inc MI$44,667
Triple, Inc. MI$41,058

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2023, EIN 383252064 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.