Plan Ledger DOL Form 5500 · updated monthly

Human Development Commissionbenefits

Human Development Commission Welfare Plan · CARO, MI · plan year 2024

Broker compensation reported · 2024
$60,064

Human Development Commission's benefits plans covered 117 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $988,616. Insurance brokers and agents were paid $60,064 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.1% of premiums. That is $513 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 3.4% from $58,084 in 2023.

Insurance contracts · 20242
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$989K · 136 covered
KANSAS CITY LIFE INSURANCE COMPANY · dental vision life std ltdpremiums n/a · 115 covered
Brokers & agents paid · 20242
MICHAEL C SPLEET$59,196
STRATEGIC BENEFITS NETWORK, LLC$868 · incl $868 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 381792679 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.