Plan Ledger DOL Form 5500 · updated monthly

Ionbond LLCbenefits

Ionbond LLC Welfare Plan · MADISON HEIGHTS, MI · plan year 2025

Broker compensation reported · 2025
$34,518

Ionbond LLC's benefits plans covered 182 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $16,109. Insurance brokers and agents were paid $34,518 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 214.3% of premiums. That is $190 per covered person, above the median for employer plans that report broker pay. Broker pay fell 6.8% from $37,054 in 2024.

Insurance contracts · 20254
BLUE CROSS BLUE SHIELD OF MICHIGAN · vision ppo$16K · 246 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 178 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 46 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · ltdpremiums n/a · 176 covered
Brokers & agents paid · 20255
MARSH AND MCLENNAN AGCY LLC$16,220 · incl $3,809 fees
CHRISTOPHER M BOUSCHET$1,538
ADP INC$2,754 · incl $2,754 fees
Individual agent · names withheld$256

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Marsh McLennan Agency5
Rme LTD. LLC CO$10,578,643

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 223322481 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.