Plan Ledger DOL Form 5500 · updated monthly

Plastomer Corporationbenefits

Plastomer Corporation Employee Benefits Plan · LIVONIA, MI · plan year 2024

Broker compensation reported · 2024
$81,091

Plastomer Corporation's benefits plans covered 110 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · vision. Insurance premiums totaled $96,447. Insurance brokers and agents were paid $81,091 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 84.1% of premiums. That is $737 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 1.8% from $79,652 in 2023.

Insurance contracts · 20248
STANDARD INSURANCE COMPANY · std$37K · 95 covered
STANDARD INSURANCE COMPANY · life$25K · 111 covered
STANDARD INSURANCE COMPANY · ltd$23K · 60 covered
STANDARD INSURANCE COMPANY · vision$12K · 106 covered
HUMANA · healthpremiums n/a · 10 covered
THE HARTFORD · lifepremiums n/a · 57 covered
UNITEDHEALTHCARE INSURANCE COMPANY · healthpremiums n/a · 193 covered
STANDARD INSURANCE COMPANYpremiums n/a · 31 covered
Brokers & agents paid · 20244
AXION RMS LTD$75,732 · incl $50,182 fees
ACCORDWARE LLC$3,942 · incl $3,942 fees
WATCHTOWER TECHNOLOGIES INC$1,079 · incl $1,079 fees
Individual agent · names withheld$338

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Axion Rms LTD5
Nyx, Inc. MI$203,818
Heitman LLC IL$167,534

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 381565686 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.