Macatawat Bankbenefits
Macatawa Bank Employee Benefit Wrap Plan · HOLLAND, MI · plan year 2024
Broker compensation reported · 2024
$29,235
Macatawat Bank's benefits plans covered 289 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance brokers and agents were paid $29,235 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $101 per covered person, below the median for employer plans that report broker pay. Broker pay fell 31% from $42,530 in 2023.
Insurance contracts · 20247
PRIORITY HEALTH INSURANCE COMPANY · healthpremiums n/a · 473 covered
DELTA DENTAL OF MICHIGAN · dentalpremiums n/a · 473 covered
VISION SERVICE PLAN · visionpremiums n/a · 473 covered
NEW YORK LIFE GROUP BENEFIT SOLUTIONS · lifepremiums n/a · 289 covered
NEW YORK LIFE GROUP BENEFIT SOLUTIONSpremiums n/a · 28 covered
NEW YORK LIFE GROUP BENEFIT SOLUTIONS · ltdpremiums n/a · 277 covered
NEW YORK LIFE GROUP BENEFIT SOLUTIONSpremiums n/a · 249 covered
Brokers & agents paid · 20241
BERENDS HENDRICKS STUIT$29,235
Also brokered by Berends Hendricks Stuit5
Cascade Die Casting Group, Inc. MI$61,596
Dykstra's Auto Service, Inc. MI$53,941
Kent Companies, Inc. MI$25,090
Agape Plastics Inc. MI$9,564
Arbor Circle Corporation MI$8,441
Why are you looking at this plan?
More
Source: DOL Form 5500 Schedule A, plan year 2024, EIN 383378283 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.