Plan Ledger DOL Form 5500 · updated monthly

Schaendorf Custom Farming, Inc.benefits

Schaendorf Custom Farming Group Insurance Plan · HOPKINS, MI · plan year 2024

Broker compensation reported · 2024
$75,098

Schaendorf Custom Farming, Inc.'s benefits plans covered 215 active participants in 2024, providing health · dental · vision. Insurance brokers and agents were paid $75,098 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $349 per covered person, above the median for employer plans that report broker pay. Broker pay rose 21% from $62,208 in 2023.

Insurance contracts · 20244
PRIORITY HEALTH · health drug hmo ppopremiums n/a · 285 covered
METROPOLITAN LIFE INSURANCE COMPANY · dentalpremiums n/a · 506 covered
PRIORITY HEALTH INSURANCE COMPANY · health drug hmo ppopremiums n/a · 14 covered
Brokers & agents paid · 20243
PHILIP ARNDT$63,100
GIS BENEFITS, INC.$6,696 · incl $1,363 fees
BERENDS HENDRICKS STUIT INS. AGY.$5,302

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 383625122 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.