Plan Ledger DOL Form 5500 · updated monthly

Jedco, Inc.benefits

Jedco Inc Health Benefit Plan · GRAND RAPIDS, MI · plan year 2024

Broker compensation reported · 2024
$41,811

Jedco, Inc.'s benefits plans covered 294 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $8,940. Insurance brokers and agents were paid $41,811 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 467.7% of premiums. That is $142 per covered person, below the median for employer plans that report broker pay. Broker pay fell 69% from $134,096 in 2023.

Insurance contracts · 20243
DELTA DENTAL OF MICHIGAN · dental$9K · 303 covered
PRIORITY HEALTH INSURANCE COMPANY · health stop-losspremiums n/a · 287 covered
EQUITABLE FINANCIAL LIFE INSURANCE · life std ltdpremiums n/a · 178 covered
Brokers & agents paid · 20241
ADVANTAGE BENEFITS GROUP$41,811 · incl $27,104 fees
Also brokered by Advantage Benefits Group5
Autocam Medical MI$86,331

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 381969167 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.