Plan Ledger DOL Form 5500 · updated monthly

Society of Manufacturing Engineersbenefits

Society of Manufacturing Engineers Flexible Benefits Plan · SOUTHFIELD, MI · plan year 2025

Broker compensation reported · 2025
$118,272

Society of Manufacturing Engineers's benefits plans covered 215 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,943,701. Insurance brokers and agents were paid $118,272 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.0% of premiums. That is $550 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 3.8% from $122,894 in 2024.

Insurance contracts · 20256
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$2.8M · 348 covered
DELTA DENTAL OF MICHIGAN · dental$182K · 383 covered
EYEMED VISION CARE · visionpremiums n/a · 306 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 215 covered
COLONIAL LIFE & ACCIDENT INSURANCE COMPANY · healthpremiums n/a · 5 covered
Brokers & agents paid · 20258
KATHLEEN C WOOD$77,207
KAPNICK & COMPANY, INC.$29,378 · incl $6,567 fees
CENTRO BENEFITS RESEARCH LLC$8,413 · incl $8,413 fees
KAPNICK INSURANCE GROUP$1,856
KAPNICK & COMPANY INC.$824 · incl $60 fees
BALLARD FINANCIAL LLC$262 · incl $15 fees
W F HILL AND ASSOCIATES INC.$231 · incl $46 fees
Individual agent · names withheld$101

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 380298770 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.