Plan Ledger DOL Form 5500 · updated monthly

Ghafari Associates LLCbenefits

Ghafari Associates LLC Welfare Benefits Plan · DEARBORN, MI · plan year 2024

Broker compensation reported · 2024
$31,329

Ghafari Associates LLC's benefits plans covered 388 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $277,336. Insurance brokers and agents were paid $31,329 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 11.3% of premiums. That is $81 per covered person, below the median for employer plans that report broker pay. Broker pay rose 9.5% from $28,611 in 2023.

Insurance contracts · 202410
DELTA DENTAL OF MICHIGAN · dental$277K · 666 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 388 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 388 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 388 covered
METROPOLITAN LIFE INSURANCE COMPANYpremiums n/a · 8 covered
VISION SERVICE PLAN · visionpremiums n/a · 245 covered
PREPAID LEGAL SERVICES INC DBA LEGALSHIELDpremiums n/a · 57 covered
RELIANCE STANDARD LIFE INSURANCE COMPANYpremiums n/a · 102 covered
Brokers & agents paid · 20245
MARSH & MCLENNAN AGENCY$16,689 · incl $3,393 fees
MARSH & MCLENNAN AGENCY LLC$4,774 · incl $341 fees
Individual agent · names withheld$562

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 Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 383530824 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.