Plan Ledger DOL Form 5500 · updated monthly

Midwest Vision Partners Management, LLCbenefits

Midwest Vision Partners, LLC Welfare Benefits Plan · CHICAGO, IL · plan year 2024

Broker compensation reported · 2024
$223,451

Midwest Vision Partners Management, LLC's benefits plans covered 1,231 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $8,142,480. Insurance brokers and agents were paid $223,451 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.7% of premiums. That is $182 per covered person, below the median for employer plans that report broker pay. Broker pay rose 13% from $198,513 in 2023.

Insurance contracts · 20248
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$5.4M · 747 covered
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$2.2M · 353 covered
STANDARD INSURANCE COMPANY · ltd$234K · 1,248 covered
STANDARD INSURANCE COMPANY · std$161K · 355 covered
STANDARD INSURANCE COMPANY · life$143K · 1,248 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · dentalpremiums n/a · 695 covered
VISION SERVICE PLAN · visionpremiums n/a · 136 covered
AMERICAN HERITAGE LIFE INSURANCE COMPANYpremiums n/a · 205 covered
Brokers & agents paid · 20244
HIGGINBOTHAM INSURANCE AGENCY, INC$129,671 · incl $12,376 fees
JAMES R NELLIGAN & ASSOC LLC$64,922
ADP INC$18,858 · incl $18,858 fees
Also brokered by Higginbotham Insurance Agency, Inc5
Dixieco, LLC TX$275,985

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 834617457 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.