Plan Ledger DOL Form 5500 · updated monthly

Focus Hopebenefits

Focus Hope Colleague Benefit Plan · DETROIT, MI · plan year 2024

Broker compensation reported · 2024
$65,262

Focus Hope's benefits plans covered 171 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,534,037. Insurance brokers and agents were paid $65,262 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.3% of premiums. That is $382 per covered person, above the median for employer plans that report broker pay. Broker pay fell 27% from $88,904 in 2023.

Insurance contracts · 20244
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$1.5M · 186 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental vision life std ltdpremiums n/a · 171 covered
AFLACpremiums n/a · 171 covered
CONTINENTAL AMERICAN INSURANCE COMPANY · stdpremiums n/a · 27 covered
Brokers & agents paid · 20245
BENJAMIN CLEVENGER$35,637
USI INSURANCE SERVICES LLC$23,663 · incl $4,340 fees
VAUGHN HURST$4,361
IAN ANDREW BURT AND OTHER AGENTS$65
6 individual agents · names withheld$1,536

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 381948285 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.