Nagel Paper Incbenefits
Abzac-Us Welfare Plan · SWARTZ CREEK, MI · plan year 2023
Broker compensation reported · 2023
$52,171
Nagel Paper Inc's benefits plan covered 183 active participants in 2023, providing health · life · dental · vision · other. Insurance premiums totaled $577,608. Insurance brokers and agents were paid $52,171 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.0% of premiums. That is $285 per covered person, above the median for employer plans that report broker pay.
Insurance contracts · 20232
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$578K · 104 covered
METROPOLITAN LIFE INSURANCE COMPANY · dental vision lifepremiums n/a · 183 covered
Brokers & agents paid · 20234
EDWARD T FOLTZ$28,495
BOON CHAPMAN BENEFIT ADMINISTRATORS$21,412 · incl $4,164 fees
GIS BENEFITS INC$1,424 · incl $1,424 fees
STRATEGIC BENEFITS NETWORK LLC$840 · incl $840 fees
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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 383397595 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.