Plan Ledger DOL Form 5500 · updated monthly

Serra Farmington Hills Automotive, LLCbenefits

Serra Ford Farmington Hills Employee Benefit Plan · FARMINGTON HILLS, MI · plan year 2024

Broker compensation reported · 2024
$33,486

Serra Farmington Hills Automotive, LLC's benefits plans covered 112 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $33,486 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $299 per covered person, above the median for employer plans that report broker pay. Broker pay rose 5.0% from $31,892 in 2023.

Insurance contracts · 20242
PRIORITY HEALTH · healthpremiums n/a · 105 covered
GUARDIAN · dental vision life std ltdpremiums n/a · 113 covered
Brokers & agents paid · 20242
MICHIGAN PLANNNERS INC$23,650 · incl $7,558 fees
MICHAEL J. DILORENZO$9,836
Also brokered by Michigan Plannners Inc2

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 874274973 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.