Plan Ledger DOL Form 5500 · updated monthly

M. Argueso & Company, Inc. dba Parameltbenefits

M. Argueso & Company, Inc. dba Paramelt Health & Welfare Plan · MUSKEGON, MI · plan year 2024

Broker compensation reported · 2024
$28,571

M. Argueso & Company, Inc. dba Paramelt's benefits plans covered 157 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $94,402. Insurance brokers and agents were paid $28,571 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 30.3% of premiums. That is $182 per covered person, below the median for employer plans that report broker pay. Broker pay fell 0.9% from $28,826 in 2023.

Insurance contracts · 20243
DELTA DENTAL OF MICHIGAN · dental$94K · 267 covered
VISION SERVICE PLAN · visionpremiums n/a · 112 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life ltdpremiums n/a · 157 covered
Brokers & agents paid · 20243
LIGHTHOUSE GROUP, LLC$26,314 · incl $4,662 fees
ALERA GROUP, INC.$2,222 · incl $862 fees
Also brokered by Lighthouse Group, LLC1

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 223788131 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.