Mtm Retiree Health Care Plan and Trust Board of Directorsbenefits
Mtm Retiree Health Care Plan and Trust · SOUTHFIELD, MI · plan year 2024
Broker compensation reported · 2024
$2,696
Mtm Retiree Health Care Plan and Trust Board of Directors's benefits plans covered 54 active participants in 2024, providing health · dental · vision. Insurance premiums totaled $90,788. Insurance brokers and agents were paid $2,696 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 $50 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 14% from $3,120 in 2023.
Insurance contracts · 20242
UNITED AMERICAN MED SUPP · health drug$78K · 26 covered
BENISTAR · health drug$13K
Brokers & agents paid · 20241
VARIPRO$2,696 · incl $2,696 fees
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 275034344 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.