Plan Ledger DOL Form 5500 · updated monthly

Rhetech, LLCbenefits

Rhetech, Rhetech Colors Health and Welfare Plans · WHITMORE LAKE, MI · plan year 2024

Broker compensation reported · 2024
$75,468

Rhetech, LLC's benefits plans covered 157 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $165,927. Insurance brokers and agents were paid $75,468 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 45.5% of premiums. That is $481 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 90% from $39,741 in 2023.

Insurance contracts · 20245
DELTA DENTAL OF MICHIGAN · dental$142K · 285 covered
BLUE CROSS BLUE SHIELD OF MICHIGAN · vision$24K · 316 covered
BLUE CARE NETWORK OF MICHIGAN · health hmopremiums n/a · 39 covered
METROPOLITAN LIFE INSURANCE COMPANY · lifepremiums n/a · 146 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 157 covered
Brokers & agents paid · 20245
RYAN DUCHARME$21,025
UNKNOWN$14,876
HYLANT GROUP, INC.$29,844 · incl $2,895 fees
CENTRO BENEFITS RESEARCH, LLC$8,684 · incl $6,684 fees
HYLANT GROUP$1,039 · incl $1,039 fees
Also brokered by Ryan Ducharme1

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 381871095 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.