Plan Ledger DOL Form 5500 · updated monthly

Graff Financial LLCbenefits

Graff Financial Wrap Plan · DAVISON, MI · plan year 2025

Broker compensation reported · 2025
$182,712

Graff Financial LLC's benefits plans covered 600 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $2,964,701. Insurance brokers and agents were paid $182,712 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.2% of premiums. That is $305 per covered person, above the median for employer plans that report broker pay. Broker pay rose 35% from $134,904 in 2024.

Insurance contracts · 20253
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$2.8M · 638 covered
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$163K · 25 covered
GUARDIAN · dental vision life std ltdpremiums n/a · 606 covered
Brokers & agents paid · 20254
MICHIGAN PLANNERS INC$86,420 · incl $20,779 fees
MICHAEL DILORENZO$92,957
MICHIGAN PLANNERS INC.$2,075 · incl $2,075 fees
MICHIGAN PLANNERS, INC.$1,260 · incl $1,260 fees
Also brokered by Michigan Planners Inc5
West Shore Bank MI$14,743

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 383306145 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.