Plan Ledger DOL Form 5500 · updated monthly

Smokers Outlet Management, Inc.benefits

Smoker's Outlet Management, Inc. Health and Welfare Benefit Plans · TROY, MI · plan year 2024

Previously filed as Smokers Outlet Management Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.

Broker compensation reported · 2024
$90,635

Smokers Outlet Management, Inc.'s benefits plans covered 200 active participants in 2024, providing health · life · dental · vision · death benefits. Insurance premiums totaled $1,535,498. Insurance brokers and agents were paid $90,635 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.9% of premiums. That is $453 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 92% from $47,148 in 2023.

Insurance contracts · 20245
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$1.2M · 176 covered
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$223K · 52 covered
DELTA DENTAL OF MICHIGAN · dental$101K · 230 covered
RENAISSANCE LIFE AND HEALTH INSURANCE COMPANY OF AMERICA · vision$12K · 205 covered
THE GUARDIAN LIFE INSURANCE COMPANY · lifepremiums n/a · 200 covered
Brokers & agents paid · 20242
HYLANT GROUP, INC.$90,045 · incl $3,194 fees
AUSTIN FINANCIAL GROUP, LLC$590
Also brokered by Hylant5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 571158872 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.