Plan Ledger DOL Form 5500 · updated monthly

Methodist Children's Home Societybenefits

Methodist Children's Home Society Health & Welfare Benefits Plan · REDFORD, MI · plan year 2024

Broker compensation reported · 2024
$30,641

Methodist Children's Home Society's benefits plans covered 127 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $51,204. Insurance brokers and agents were paid $30,641 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 59.8% of premiums. That is $241 per covered person, above the median for employer plans that report broker pay. Broker pay fell 45% from $55,804 in 2023.

Insurance contracts · 20247
DELTA DENTAL OF MICHIGAN · dental$51K · 197 covered
STARMOUNT LIFE INSURANCE COMPANY · visionpremiums n/a · 99 covered
CONTINENTAL AMERICAN INSURANCE COMPANY · healthpremiums n/a · 61 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 127 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 40 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · ltdpremiums n/a · 127 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · stdpremiums n/a · 52 covered
Brokers & agents paid · 20246
LOVASCO CONSULTING GROUP, INC.$8,143
HUB INTERNATIONAL MIDWEST LIMITED$16,934 · incl $4,922 fees
LOVASCO CONSULTING GROUP$2,681 · incl $55 fees
WATCHTOWER BENEFITS, LLC$1,452 · incl $1,452 fees
HUB INTERNATIONAL OF IN LTD$358 · incl $358 fees
Also brokered by Lovasco Consulting Group, Inc.4
Norr LLC MI$14,725

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 381240951 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.