Plan Ledger DOL Form 5500 · updated monthly

Maxitrol Companybenefits

Maxitrol Company Employee Insurance Plan · SOUTHFIELD, MI · plan year 2024

Broker compensation reported · 2024
$19,217

Maxitrol Company's benefits plans covered 192 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $113,331. Insurance brokers and agents were paid $19,217 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 17.0% of premiums. That is $100 per covered person, below the median for employer plans that report broker pay. Broker pay rose 48% from $12,995 in 2023.

Insurance contracts · 20242
DELTA DENTAL OF MICHIGAN · dental$113K · 290 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 192 covered
Brokers & agents paid · 20241
HYLANT GROUP, INC.$19,217 · incl $3,510 fees
Also brokered by Hylant5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 381247737 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.