Milton Manufacturing Co., Inc.benefits
Milton Manufacturing, Inc. Welfare Benefit Plan · DETROIT, MI · plan year 2023
Broker compensation reported · 2023
$77,315
Milton Manufacturing Co., Inc.'s benefits plan covered 88 active participants in 2023, providing health · life · dental · vision · short-term disability · other. Insurance premiums totaled $1,381,034. Insurance brokers and agents were paid $77,315 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.6% of premiums. That is $879 per covered person, in the top 10% of employer plans that report broker pay.
Insurance contracts · 20232
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug vision ppo$1.4M · 151 covered
METROPOLITAN LIFE INSURANCE COMPANY · dental life stdpremiums n/a · 123 covered
Brokers & agents paid · 20232
KAPNICK & COMPANY/NAILE PALAJ$69,122
KAPNICK & COMPANY, INC.$8,193 · incl $2,620 fees
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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 382186662 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.