Sixarp,Llc - Praxisbenefits
Medical/Rx/Stop Loss · GRAND RAPIDS, MI · plan year 2023
Broker compensation reported · 2023
$10,375
Sixarp,Llc - Praxis's benefits plans covered 375 active participants in 2023, providing health. Insurance premiums totaled $131,883. Insurance brokers and agents were paid $10,375 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.9% of premiums. That is $28 per covered person, in the bottom quarter of employer plans that report broker pay.
Insurance contracts · 20233
BLUE CROSS BLUE SHIELD OF MICHIGAN · dental$132K · 565 covered
DEARBORN LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 1,058 covered
EYEMED VISION CARE ON BEHALF OF THE FIDELITY SECURITY LIFE INS. CO. · visionpremiums n/a · 436 covered
Brokers & agents paid · 20235
WALLY MARTYNIEK$5,085 · incl $2,563 fees
BRIAN CARRAGHER$2,088
SPECTRUM BENEFITS$1,933
THOMPSON FLANAGAN BENEFITS GROUP$650
SPECTRUM BENEFITS LLC$619
Also brokered by Wally Martyniek1
Huizenga Manufacturing Group MI$142,516
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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 371572794 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.