Plan Ledger DOL Form 5500 · updated monthly

Peter Basso Associates, Inc.benefits

Peter Basso Associates, Inc. Employee Benefit Wrap Plan · TROY, MI · plan year 2025

Broker compensation reported · 2025
$70,245

Peter Basso Associates, Inc.'s benefits plans covered 132 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,286,324. Insurance brokers and agents were paid $70,245 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.5% of premiums. That is $532 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 2.5% from $68,519 in 2024.

Insurance contracts · 20256
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$1.1M · 196 covered
DELTA DENTAL OF MICHIGAN · dental$92K · 200 covered
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$57K · 4 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · life std ltdpremiums n/a · 132 covered
ULLIANCE, INC.premiums n/a · 132 covered
Brokers & agents paid · 20252
DEAN E. AUSTIN$58,656
AUSTIN FINANCIAL GROUP, LLC$11,589 · incl $1,102 fees
Also brokered by Dean E. Austin5
R1 Motors Inc. OH$83,231
Triple, Inc. MI$78,961

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 382924399 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.