Plan Ledger DOL Form 5500 · updated monthly

Skyway Precision Incbenefits

Skyway Precision Inc Employee Benefits Plan · PLYMOUTH, MI · plan year 2024

Broker compensation reported · 2024
$85,259

Skyway Precision Inc's benefits plans covered 148 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance brokers and agents were paid $85,259 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $576 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 72% from $302,119 in 2023.

Insurance contracts · 20242
UNITED HEALTHCARE INSURANCE COMPANY · health drug visionpremiums n/a · 230 covered
PRINCIPAL LIFE INSURANCE COMPANY · dental life ltdpremiums n/a · 266 covered
Brokers & agents paid · 20241
MARSH & MCLENNAN AGENCY LLC$85,259 · incl $62,955 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 382042423 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.