Plan Ledger DOL Form 5500 · updated monthly

Friedman Management Companybenefits

Friedman Management Company Health and Welfare Benefit Plan · FARMINGTON HILLS, MI · plan year 2025

Broker compensation reported · 2025
$138,230

Friedman Management Company's benefits plans covered 297 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $3,639,191. Insurance brokers and agents were paid $138,230 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.8% of premiums. That is $465 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 22% from $112,879 in 2024.

Insurance contracts · 20256
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$2.5M · 322 covered
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$1.0M · 154 covered
DELTA DENTAL OF MICHIGAN · dental$156K · 507 covered
NGL · visionpremiums n/a · 444 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · life std ltdpremiums n/a · 297 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANYpremiums n/a · 297 covered
Brokers & agents paid · 20256
ANGELA M. DEAN$50,054
SHERI L. CRIFASI$53,666
CENTRO BENEFITS RESEARCH LLC$4,263 · incl $4,263 fees
KAPNICK INSURANCE$3,811
KAPNICK AND COMPANY, INC.$13,634 · incl $4,478 fees
Also brokered by Angela M. Dean1

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 382961880 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.