Plan Ledger DOL Form 5500 · updated monthly

Handelsman Inc.benefits

Handelsman Inc dba Better Health Health and Welfare Benefit Plan · NOVI, MI · plan year 2024

Broker compensation reported · 2024
$19,711

Handelsman Inc.'s benefits plans covered 131 active participants in 2024, providing health · life · dental · vision · death benefits. Insurance premiums totaled $37,188. Insurance brokers and agents were paid $19,711 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 53.0% of premiums. That is $150 per covered person, below the median for employer plans that report broker pay. Broker pay fell 3.6% from $20,448 in 2023.

Insurance contracts · 20244
DELTA DENTAL OF MICHIGAN · dental$37K · 99 covered
PRIORITY HEALTH · health drug hmo ppopremiums n/a · 89 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 131 covered
Brokers & agents paid · 20243
MARIANNE FARLEY$16,581
HYLANT GROUP INC$482 · incl $125 fees
Also brokered by Marianne Farley5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 383451474 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.