Plan Ledger DOL Form 5500 · updated monthly

Morley Companies, Inc.benefits

Morley Companies, Inc. Welfare Plan · SAGINAW, MI · plan year 2025

Broker compensation reported · 2025
$381,536

Morley Companies, Inc.'s benefits plans covered 1,712 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $12,800,519. Insurance brokers and agents were paid $381,536 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.0% of premiums. That is $223 per covered person, above the median for employer plans that report broker pay. Broker pay fell 57% from $885,664 in 2024.

Insurance contracts · 20257
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug dental vision ppo$10.6M · 1,876 covered
BLUE CROSS BLUE SHIELD OF SOUTH CAROLINA · health drug ppo$2.0M · 145 covered
BLUE CROSS BLUE SHIELD OF SOUTH CAROLINA · dental$145K · 155 covered
BLUE CROSS BLUE SHIELD OF SOUTH CAROLINA · visionpremiums n/a · 145 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 1,712 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 1,712 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · stdpremiums n/a · 1,712 covered
Brokers & agents paid · 20255
GREGORY J SURMONT$264,403
DAVID HONAMAN$51,498
MICHAEL T STELTER$48,019
SHAWN NASS$16,832
ADVANCED BENEFIT SOLUTIONS INC$784 · incl $784 fees

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 382687736 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.