Plan Ledger DOL Form 5500 · updated monthly

Shaheen Automotive Groupbenefits

The Shaheen Automotive Group Consolidated Benefits Plan · LANSING, MI · plan year 2024

Broker compensation reported · 2024
$467,221

Shaheen Automotive Group's benefits plans covered 265 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $12,875,085. Insurance brokers and agents were paid $467,221 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.6% of premiums. That is $1,763 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 3.5x the $134,979 reported for 2023.

Insurance contracts · 202438
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$2.7M · 372 covered
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$1.9M · 351 covered
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$1.8M · 328 covered
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$1.6M · 331 covered
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$1.5M · 316 covered
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$1.4M · 255 covered
DELTA DENTAL OF MICHIGAN · dental$255K · 490 covered
DELTA DENTAL OF MICHIGAN · dental$240K · 479 covered
DELTA DENTAL OF MICHIGAN · dental$204K · 470 covered
DELTA DENTAL OF MICHIGAN · dental$202K · 489 covered
DELTA DENTAL OF MICHIGAN · dental$200K · 454 covered
DELTA DENTAL OF MICHIGAN · dental$178K · 409 covered
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$148K · 12 covered
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$146K · 10 covered
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$127K · 11 covered
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$119K · 11 covered
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$74K · 6 covered
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$49K · 3 covered
HARTFORD LIFE AND ACCIDENT · lifepremiums n/a · 264 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 236 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · stdpremiums n/a · 238 covered
HARTFORD LIFE AND ACCIDENT · lifepremiums n/a · 267 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 230 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · stdpremiums n/a · 226 covered
HARTFORD LIFE AND ACCIDENT · lifepremiums n/a · 280 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · std ltdpremiums n/a · 208 covered
HARTFORD LIFE AND ACCIDENT · lifepremiums n/a · 307 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · std ltdpremiums n/a · 213 covered
HARTFORD LIFE AND ACCIDENT · lifepremiums n/a · 268 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · std ltdpremiums n/a · 182 covered
HARTFORD LIFE AND ACCIDENT · lifepremiums n/a · 262 covered
EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA · std ltdpremiums n/a · 257 covered
Brokers & agents paid · 20246
CENTENNIAL GROUP$8,643
CENTENNIAL ASSOCIATES INC$23,837 · incl $3,593 fees
CENTENNIAL ASSOCIATES, INC$134,448 · incl $14,249 fees
THE CENTENNIAL GROUP$20,863
TIMOTHY M DURSO$268,071
CENTENNIAL EMPLOYEE BENEFITS$11,359 · incl $11,359 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 381941335 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.