Plan Ledger DOL Form 5500 · updated monthly

Motor City Wash Works, Inc.benefits

Motor City Wash Benefit Welfare Plan · WIXOM, MI · plan year 2024

Broker compensation reported · 2024
$116,006

Motor City Wash Works, Inc.'s benefits plans covered 184 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $2,047,094. Insurance brokers and agents were paid $116,006 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.7% of premiums. That is $630 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 11% from $104,445 in 2023.

Insurance contracts · 20242
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug$2.0M · 290 covered
PRINCIPAL LIFE INSURANCE COMPANY · dental vision life std ltd ppopremiums n/a · 193 covered
Brokers & agents paid · 20245
JOHN THOMAS JR FRYE$57,847
DOEREN MAYHEW INSURANCE GROUP$22,196
FREEDOM BENEFITS INC$20,652 · incl $20,652 fees
BENEFIT PROFILES INC$13,346 · incl $13,346 fees
HUB INTERNATIONAL MIDWEST LTD$1,965 · incl $1,965 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 743103694 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.