Mortgage Center, L.C.benefits
Mortgage Center Employee Benefits Plan · SOUTHFIELD, MI · plan year 2025
Mortgage Center, L.C.'s benefits plans covered 117 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $933,162. Insurance brokers and agents were paid $66,295 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.1% of premiums. That is $567 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 29% from $51,591 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 383358941 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.