Plan Ledger DOL Form 5500 · updated monthly

Goyette Mechanical Company Incbenefits

Goyette Mechanical · FLINT, MI · plan year 2024

Broker compensation reported · 2024
$66,630

Goyette Mechanical Company Inc's benefits plans covered 111 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,236,343. Insurance brokers and agents were paid $66,630 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.4% of premiums. That is $600 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 8.3% from $61,499 in 2023.

Insurance contracts · 20242
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$1.2M · 222 covered
METROPOLITAN LIFE INSURANCE COMPANY · dental vision life std ltdpremiums n/a · 354 covered
Brokers & agents paid · 20241
TOTAL BENEFIT SYSTEMS, INC$66,630 · incl $1,175 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 381332690 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.