Plan Ledger DOL Form 5500 · updated monthly

Opus Ivsbenefits

Opus Ivs Employee Benefit Plan · DEXTER, MI · plan year 2024

Broker compensation reported · 2024
$122,405

Opus Ivs's benefits plans covered 258 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $2,811,103. Insurance brokers and agents were paid $122,405 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.4% of premiums. That is $474 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 15% from $144,015 in 2023.

Insurance contracts · 20246
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$2.7M · 401 covered
DELTA DENTAL OF MICHIGAN · dental$159K · 420 covered
NATIONAL VISION ADMINISTRATORS (NGL) · visionpremiums n/a · 394 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · std ltdpremiums n/a · 98 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltdpremiums n/a · 258 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · lifepremiums n/a · 90 covered
Brokers & agents paid · 20245
KATHERINE C WOOD$66,008
KAPNICK & COMPANY, INC.$23,133 · incl $6,213 fees
KAPNICK AND COMPANY, INC.$3,158 · incl $3,158 fees
CENTRO BENEFITS RESEARCH LLC$9,783 · incl $9,783 fees
KAPNICK & COMPANY, INC$20,323 · incl $889 fees
Also brokered by Katherine C Wood5
Drsn Associates MI$43,021

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 272858452 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.