Plan Ledger DOL Form 5500 · updated monthly

Health Alliance Plan of Michiganbenefits

Health Alliance Plan Travel Accident Policy · DETROIT, MI · plan year 2024

Broker compensation reported · 2024
$1,531

Health Alliance Plan of Michigan's benefits plans covered 614 active participants in 2024, providing death benefits. Insurance brokers and agents were paid $1,531 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $2 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 20% from $1,276 in 2023.

Insurance contracts · 20241
ZURICH AMERICAN INSURANCE COMPANYpremiums n/a · 614 covered
Brokers & agents paid · 20241
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 382242827 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.