Grt Financial, Incbenefits
Grt Financial, Inc. Welfare Benefit Plan · SOUTHFIELD, MI · plan year 2023
Broker compensation reported · 2023
$72,929
Grt Financial, Inc's benefits plan covered 221 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $747,748. Insurance brokers and agents were paid $72,929 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.8% of premiums. That is $330 per covered person, above the median for employer plans that report broker pay.
Insurance contracts · 20234
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$395K · 98 covered
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$353K · 57 covered
PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANYpremiums n/a · 5 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · dental vision life std ltdpremiums n/a · 236 covered
Brokers & agents paid · 20233
NANCY CRANE$39,280
HUB INTERNATIONAL MIDWEST LTD$33,427 · incl $8,268 fees
WATCHTOWER BENEFITS, LLC$222 · incl $222 fees
Also brokered by Nancy Crane1
H. H. Barnum Company MI$67,197
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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 611773499 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.