Plan Ledger DOL Form 5500 · updated monthly

Great Lakes Hotel Supply Companybenefits

Great Lakes Ventures Health & Welfare Benefits Plan · SOUTHFIELD, MI · plan year 2025

Broker compensation reported · 2025
$60,600

Great Lakes Hotel Supply Company's benefits plans covered 146 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,102,213. Insurance brokers and agents were paid $60,600 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.5% of premiums. That is $415 per covered person, above the median for employer plans that report broker pay. Broker pay rose 20% from $50,396 in 2024.

Insurance contracts · 20253
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$699K · 132 covered
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$403K · 92 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · dental vision life std ltdpremiums n/a · 146 covered
Brokers & agents paid · 20254
LOVASCO CONSULTING GRP, INC.$22,709 · incl $1,441 fees
EUGENE F. LOVASCO$28,035
CENTRO BENEFITS RESEARCH, LLC$8,429 · incl $8,429 fees
LOVASCO CONSULTING GROUP, INC.$1,427 · incl $1,427 fees

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 381945157 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.