Plan Ledger DOL Form 5500 · updated monthly

Rafih Auto Groupbenefits

Rafih Auto Group Health and Welfare Benefit Plan · ROCHESTER HILLS, MI · plan year 2024

Broker compensation reported · 2024
$117,868

Rafih Auto Group's benefits plans covered 189 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits. Insurance premiums totaled $2,108,465. Insurance brokers and agents were paid $117,868 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.6% of premiums. That is $624 per covered person, in the top quarter of employer plans that report broker pay. Brokers were paid 7.8x the $15,045 reported for 2023.

Insurance contracts · 20245
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug$1.9M · 343 covered
DELTA DENTAL OF MICHIGAN · dental$163K · 370 covered
RENAISSANCE LIFE AND HEALTH INSURANCE COMPANY OF AMERICA · vision$21K · 308 covered
UNUM INSURANCE COMPANYpremiums n/a · 57 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life stdpremiums n/a · 189 covered
Brokers & agents paid · 20243
AUSTIN BENEFITS GROUP$17,592
AUSTIN FINANCIAL GROUP, LLC$15,191
DEAN E. AUSTIN$85,085 · incl $1,924 fees
Also brokered by Austin Benefits Group5
R1 Motors Inc. OH$17,592

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 862353183 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.