Plan Ledger DOL Form 5500 · updated monthly

Mersino Management Companybenefits

Mersino Management Company dba Mersino Dewatering, Inc. Employee Benefits Plan · AUBURN HILLS, MI · plan year 2024

Broker compensation reported · 2024
$136,964

Mersino Management Company's benefits plans covered 476 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $3,227,715. Insurance brokers and agents were paid $136,964 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.2% of premiums. That is $288 per covered person, above the median for employer plans that report broker pay. Broker pay rose 20% from $113,961 in 2023.

Insurance contracts · 20243
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug vision ppo$3.0M · 677 covered
DELTA DENTAL OF MICHIGAN · dental$181K · 719 covered
PRINCIPAL LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 549 covered
Brokers & agents paid · 20245
JOHN ARMINIO$80,864
THE CASON GROUP, INC.$13,973 · incl $13,973 fees
IRONWOOD BENEFITS ADV SRCV LLC$1,502 · incl $1,502 fees
Also brokered by John Arminio1
Tjoapack, LLC TN$60,753

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 264169443 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.