Plan Ledger DOL Form 5500 · updated monthly

R.E. Michel Company, LLCbenefits

R.E. Michel Company Employee Benefit Plan · GLEN BURNIE, MD · plan year 2024

Broker compensation reported · 2024
$505,695

R.E. Michel Company, LLC's benefits plans covered 1,955 active participants in 2024, providing health · dental · vision · life · short-term disability · long-term disability · other. Insurance brokers and agents were paid $505,695 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $259 per covered person, above the median for employer plans that report broker pay. Broker pay rose 1.9% from $496,224 in 2023.

Insurance contracts · 20245
CAREFIRST OF MARYLAND, INC. · health drug dental vision ppopremiums n/a · 1,495 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 1,955 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 1,955 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 1,162 covered
HARTFORD LIFE AND ACCIDENTpremiums n/a · 773 covered
Brokers & agents paid · 20243
THE HILB GROUP OF MARYLAND LLC$473,290 · incl $283,652 fees
WATCH TOWER TECHNOLOGIES INC$22,612 · incl $22,612 fees
THE HILB GROUP OF NEW ENGLAND$9,793 · incl $9,793 fees
Also brokered by The Hilb Group of Maryland LLC5
Qps, LLC DE$193,596

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 520577320 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.