Plan Ledger DOL Form 5500 · updated monthly

Physician Healthcare Network P.C.benefits

Physician Healthcare Network P.C. Cafeteria Plan · FORT GRATIOT, MI · plan year 2025

Broker compensation reported · 2025
$49,835

Physician Healthcare Network P.C.'s benefits plans covered 81 active participants in 2025, providing health · life · dental · vision · short-term disability. Insurance premiums totaled $963,994. Insurance brokers and agents were paid $49,835 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.2% of premiums. That is $615 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 2.7% from $51,215 in 2024.

Insurance contracts · 20255
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$513K · 69 covered
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$451K · 65 covered
EYEMED VISION CARE · visionpremiums n/a · 174 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 100 covered
METROPOLITAN LIFE INSURANCE COMPANY · dentalpremiums n/a · 168 covered
Brokers & agents paid · 20253
THEODORE SOUPHIS$43,540
MMA SERVICE CORP$2,892 · incl $2,892 fees
HUB INTERNATIONAL MIDWEST LIMITED$3,403 · incl $655 fees
Also brokered by Theodore Souphis1

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 383175658 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.