Linear Motion LLCbenefits
Linear Motion LLC Employee Benefits Plan · SAGINAW, MI · plan year 2023
Broker compensation reported · 2023
$62,724
Linear Motion LLC's benefits plan covered 157 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $3,154,024. Insurance brokers and agents were paid $62,724 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.0% of premiums. That is $400 per covered person, above the median for employer plans that report broker pay.
Insurance contracts · 20232
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug dental vision$3.2M · 386 covered
SYMETRA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 157 covered
Brokers & agents paid · 20231
THE BALDWIN GROUP MID ATLANTIC$62,724 · incl $24,372 fees
Also brokered by The Baldwin Group Mid Atlantic5
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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 050530446 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.