Plan Ledger DOL Form 5500 · updated monthly

Oakland Management Corpbenefits

Oakland Management Corp Cafeteria Plan · FARMINGTON HILLS, MI · plan year 2024

Broker compensation reported · 2024
$206,001

Oakland Management Corp's benefits plans covered 553 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $5,850,562. Insurance brokers and agents were paid $206,001 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.5% of premiums. That is $373 per covered person, above the median for employer plans that report broker pay. Broker pay rose 102% from $102,210 in 2023.

Insurance contracts · 202411
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$3.9M · 611 covered
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$1.6M · 266 covered
DELTA DENTAL OF MICHIGAN · dental$331K · 1,038 covered
THE LINCOLN FINANCIAL GROUP · ltdpremiums n/a · 384 covered
THE LINCOLN FINANCIAL GROUP · lifepremiums n/a · 960 covered
THE LINCOLN FINANCIAL GROUPpremiums n/a · 385 covered
THE LINCOLN FINANCIAL GROUPpremiums n/a · 53 covered
THE LINCOLN FINANCIAL GROUPpremiums n/a · 314 covered
THE LINCOLN FINANCIAL GROUPpremiums n/a · 319 covered
Brokers & agents paid · 20243
DANIEL WERNER$79,646
GARY M. MIKLOSOVIC$33,651
GALLAGHER BENEFITS SERVICES INC$92,704 · incl $53,402 fees
Also brokered by Daniel Werner2

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 383196699 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.