Plan Ledger DOL Form 5500 · updated monthly

Serve Electric LLCbenefits

Serve Electric · STERLING HEIGHTS, MI · plan year 2025

Broker compensation reported · 2025
$17,587

Serve Electric LLC's benefits plans covered 177 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $114,616. Insurance brokers and agents were paid $17,587 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 15.3% of premiums. That is $99 per covered person, below the median for employer plans that report broker pay. Broker pay fell 64% from $48,488 in 2024.

Insurance contracts · 20253
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$89K · 242 covered
BLUE CARE NETWORK OF MICHIGAN · health drug ppo$25K · 60 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · dental vision life std ltdpremiums n/a · 177 covered
Brokers & agents paid · 20252
ONI RISK PARTNERS, INC$16,485 · incl $3,282 fees
WATCHTOWER BENEFITS LLC$1,102 · incl $1,102 fees
Also brokered by Oni Risk Partners, Inc5
Avasure, LLC MI$7,386

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 831897614 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.