Plan Ledger DOL Form 5500 · updated monthly

Morrison Industries, Inc.benefits

Health Benefit Plan for Morrison Industries, Inc. · GRAND RAPIDS, MI · plan year 2025

Broker compensation reported · 2025
$65,843

Morrison Industries, Inc.'s benefits plans covered 494 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $270,263. Insurance brokers and agents were paid $65,843 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 24.4% of premiums. That is $133 per covered person, below the median for employer plans that report broker pay. Broker pay rose 44% from $45,729 in 2024.

Insurance contracts · 20253
DELTA DENTAL OF MICHIGAN · dental ppo$270K · 877 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 425 covered
Brokers & agents paid · 20253
USI INSURANCE SERVICES LLC$44,136 · incl $29,955 fees
Also brokered by Usi5
Adapthealth, LLC PA$827,688

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 382360979 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.