Plan Ledger DOL Form 5500 · updated monthly

Garber Management Group, Inc.benefits

Garber Employee Benefit Plan · SAGINAW, MI · plan year 2024

Broker compensation reported · 2024
$129,697

Garber Management Group, Inc.'s benefits plans covered 1,314 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance brokers and agents were paid $129,697 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $99 per covered person, below the median for employer plans that report broker pay. Broker pay rose 18% from $110,344 in 2023.

Insurance contracts · 202411
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 27 covered
FIRST UNUM LIFE INSURANCE COMPANY · lifepremiums n/a · 383 covered
ULLIANCE, INC.premiums n/a · 2,231 covered
TELEDOC HEALTH, INC · healthpremiums n/a · 1,318 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · stdpremiums n/a · 400 covered
FIRST UNUM LIFE INSURANCE COMPANY · lifepremiums n/a · 19 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · std ltdpremiums n/a · 357 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 1,945 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 639 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · std ltdpremiums n/a · 74 covered
Brokers & agents paid · 20248
CAMBRIDGE CONSULTING GROUP$84,738 · incl $6,370 fees
CAMBRIDGE FINANCIAL SERVICES$16,775 · incl $2,827 fees
CAMBRIDGE CONSULTING GROUP LLC$6,909 · incl $1,808 fees
NFP INSURANCE SERVICES, INC.$441 · incl $441 fees
OPTAVISE, LLC$590
CAMBRIDGE FINANCIAL SERVICES INC$20,209 · incl $5,203 fees
2 individual agents · names withheld$14

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.

Also brokered by Cambridge Consulting Group5

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 381280515 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.