Infostretch dba Apexonbenefits
Infostretch dba Apexon Group Benefit Plan · SOUTHFIELD, MI · plan year 2023
Infostretch dba Apexon's benefits plan covered 976 active participants in 2023, providing health · dental · vision · life · death benefits · short-term disability · long-term disability · other. Insurance premiums totaled $5,212,431. Insurance brokers and agents were paid $211,674 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.1% of premiums. That is $217 per covered person, above the median for employer plans that report broker pay.
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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 201181362 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.