Plan Ledger DOL Form 5500 · updated monthly

Promedicabenefits

Mercy Memorial Hospital Group Benefits Plan · MONROE, MI · plan year 2024

Broker compensation reported · 2024
$21,337

Promedica's benefits plans covered 636 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $27,061. Insurance brokers and agents were paid $21,337 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 78.8% of premiums. That is $34 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 4.7% from $22,401 in 2023.

Insurance contracts · 20244
DELTA DENTAL OF OHIO · dental$27K · 89 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 1,099 covered
RELIASTAR LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 1,124 covered
PARAMOUNT DENTAL · dentalpremiums n/a · 1,149 covered
Brokers & agents paid · 20242
BSC AGENCY LLC$10,670 · incl $10,670 fees
BENE RE LLC$10,667 · incl $10,667 fees
Also brokered by Bsc Agency LLC5
Tesla, Inc. CA$2,914,094
Teleperformance USA UT$1,152,104
Medtronic MN$648,568
V2X Inc. CO$622,975

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 381984289 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.