Plan Ledger DOL Form 5500 · updated monthly

Mrd Apartments, LLCbenefits

Mrd Apartments, LLC Welfare Benefit Plan · EAST LANSING, MI · plan year 2025

Broker compensation reported · 2025
$103,508

Mrd Apartments, LLC's benefits plans covered 287 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,768,682. Insurance brokers and agents were paid $103,508 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.9% of premiums. That is $361 per covered person, above the median for employer plans that report broker pay. Broker pay rose 12% from $92,541 in 2024.

Insurance contracts · 20253
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$1.6M · 205 covered
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$144K · 30 covered
METROPOLITAN LIFE INSURANCE COMPANY · dental vision life std ltdpremiums n/a · 440 covered
Brokers & agents paid · 20257
ANGELA M DEAN$49,344
KAPNICK & COMPANY INC$29,469 · incl $11 fees
CENTRO BENEFITS RESEARCH LLC$11,848 · incl $2,371 fees
NAILE PALAJ$5,581
KAPNICK & CO. INC.$4,498 · incl $4,498 fees
KAPNICK AND COMPANY INC.$2,263 · incl $2,263 fees
KAPNICK INSURANCE GROUP$505 · incl $505 fees
Also brokered by Angela M Dean1

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 382713537 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.