Plan Ledger DOL Form 5500 · updated monthly

Notions Marketing Corporationbenefits

Notions Marketing Health and Welfare Benefit Plan · GRAND RAPIDS, MI · plan year 2024

Broker compensation reported · 2024
$131,336

Notions Marketing Corporation's benefits plans covered 301 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $2,455,420. Insurance brokers and agents were paid $131,336 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.3% of premiums. That is $436 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 30% from $101,047 in 2023.

Insurance contracts · 20243
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$1.8M · 276 covered
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug dental vision ppo$616K · 466 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 307 covered
Brokers & agents paid · 20243
BRUCE J. WALDECKER$37,923
REBEKAH LYNN VANBEEK$35,316
OLIVIER VANDYK INSURANCE$58,097 · incl $20,569 fees
Also brokered by Bruce J. Waldecker5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 381903169 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.