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