Plan Ledger DOL Form 5500 · updated monthly

Engineered Protection Systems, Incbenefits

Engineered Protection Systems, Inc. Welfare Benefit Plan · GRAND RAPIDS, MI · plan year 2024

Broker compensation reported · 2024
$64,457

Engineered Protection Systems, Inc's benefits plans covered 234 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $1,877,336. Insurance brokers and agents were paid $64,457 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.4% of premiums. That is $275 per covered person, above the median for employer plans that report broker pay. Broker pay fell 2.6% from $66,181 in 2023.

Insurance contracts · 20244
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$1.7M · 397 covered
DELTA DENTAL OF MICHIGAN · dental$150K · 461 covered
EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 235 covered
Brokers & agents paid · 20244
KEVIN D. CUMINGS$46,362
STRATEGIC NON-MEDICAL SOLUTIONS LLC$2,173 · incl $2,173 fees
Also brokered by Kevin D. Cumings5
Koops, Inc. MI$88,264
Holland Home MI$79,029

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 381844884 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.