Plan Ledger DOL Form 5500 · updated monthly

Miracle Software Systems, Inc.benefits

Miracle Software Systems, Inc. Sec 125 Plan · NOVI, MI · plan year 2024

Broker compensation reported · 2024
$11,110

Miracle Software Systems, Inc.'s benefits plans covered 283 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $11,110 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $39 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 44% from $7,702 in 2023.

Insurance contracts · 20241
METROPOLITAN LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 283 covered
Brokers & agents paid · 20243
BROWN & BROWN OF DETROIT, INC.$7,025 · incl $4,115 fees
Also brokered by Brown & Brown5
Srm Concrete, LLC TN$1,315,284

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 383256847 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.