Plan Ledger DOL Form 5500 · updated monthly

Henry Ford Health Systembenefits

Henry Ford Health System Welfare Benefit Plans · DETROIT, MI · plan year 2024

Broker compensation reported · 2024
$822,943

Henry Ford Health System's benefits plans covered 42,560 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $822,943 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $19 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 14% from $721,307 in 2023.

Insurance contracts · 202410
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 21,965 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · ltdpremiums n/a · 1,608 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · stdpremiums n/a · 33,776 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 19,784 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 36,407 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · ltdpremiums n/a · 2,007 covered
PROVIDENT LIFE & ACCIDENT INSURANCE COMPANY · ltdpremiums n/a · 83 covered
PROVIDENT LIFE & ACCIDENT INSURANCE COMPANY · ltdpremiums n/a · 1,141 covered
VISION SERVICE PLAN · visionpremiums n/a · 2,318 covered
HEALTH ALLIANCE PLAN · health drug hmopremiums n/a · 76 covered
Brokers & agents paid · 20244
MARSH & MCLENNAN$144,190 · incl $68,662 fees
FLYNN AND COMPANY INC$25,529
CATALYST SOLUTIONS GROUP$606,835 · incl $206,275 fees
M FINANCIAL HOLDINGS INC$46,389 · incl $46,389 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 381357020 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.