Spectrum Health Systembenefits

Spectrum Health System Benefit Plan · GRAND RAPIDS, MI · plan year 2023

Broker compensation reported · 2023

$214,182

Spectrum Health System's benefits plan covered 29,541 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $3,695,497. Insurance brokers and agents were paid $214,182 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.8% of premiums. That is $7 per covered person, in the bottom quarter of employer plans that report broker pay.

Insurance contracts · 202338
VISION SERVICE PLAN · vision$1.1M · 6,402 covered
VISION SERVICE PLAN · vision$1.0M · 5,285 covered
VISION SERVICE PLAN · vision$616K · 2,702 covered
VISION SERVICE PLAN · vision$375K · 1,992 covered
VISION SERVICE PLAN · vision$100K · 426 covered
VISION SERVICE PLAN · vision$71K · 338 covered
VISION SERVICE PLAN · vision$69K · 322 covered
VISION SERVICE PLAN · vision$65K · 336 covered
VISION SERVICE PLAN · vision$62K · 296 covered
VISION SERVICE PLAN · vision$58K · 292 covered
VISION SERVICE PLAN · vision$37K · 196 covered
VISION SERVICE PLAN · vision$34K · 162 covered
VISION SERVICE PLAN · vision$33K · 154 covered
VISION SERVICE PLAN · vision$4K · 24 covered
PRIORITY HEALTH · health drugpremiums n/a · 986 covered
PRIORITY HEALTH · health drugpremiums n/a · 162 covered
PRIORITY HEALTH · health drugpremiums n/a · 572 covered
PRIORITY HEALTH · health drugpremiums n/a · 10,806 covered
PRIORITY HEALTH · health drugpremiums n/a · 420 covered
PRUDENTIAL INSURANCE COMPANY OF AMERICA · ltdpremiums n/a · 29,075 covered
PRIORITY HEALTH · health drugpremiums n/a · 23,180 covered
ZURICH AMERICAN INSURANCE COMPANYpremiums n/a · 513 covered
PRIORITY HEALTH · health drugpremiums n/a · 12,300 covered
PRIORITY HEALTH · health drugpremiums n/a · 4,860 covered
PRIORITY HEALTH · health drugpremiums n/a · 1,065 covered
PRIORITY HEALTH · health drugpremiums n/a · 74 covered
PRIORITY HEALTH · health drugpremiums n/a · 521 covered
PRIORITY HEALTH · health drugpremiums n/a · 866 covered
ENCOMPASS EAPpremiums n/a · 29,541 covered
PRIORITY HEALTH · health drugpremiums n/a · 991 covered
RELIASTAR LIFE INSURANCE COMPANY · lifepremiums n/a · 53,136 covered
PRIORITY HEALTH · health drugpremiums n/a · 6,293 covered
PRUDENTIAL INSURANCE COMPANY OF AMERICApremiums n/a · 332 covered
PRIORITY HEALTH · health drugpremiums n/a · 611 covered
PRIORITY HEALTH · health drugpremiums n/a · 11 covered
PRIORITY HEALTH · health drugpremiums n/a · 1,214 covered
PRIORITY HEALTH · health drugpremiums n/a · 1,452 covered
PRIORITY HEALTH · health drugpremiums n/a · 37 covered

Brokers & agents paid · 20235
STRATEGIC NON-MEDICAL SOLUTIONS LLC$94,920
WILLIAM J GRZESIAK$41,335
WEADOCK & ASSOCIATES LLC$41,335
PACIFIC RESOURCES BENEFITS ADVISORS$36,082
COVERYS INSURANCE SERVICES, INC.$510

Also brokered by Strategic Non-Medical Solutions LLC5
Shands Teaching Hospital and Clinics, Inc. FL$310,584
Shands Jacksonville Medical Center, Inc. FL$186,414
Hormel Foods Corporation MN$135,209
Dupont de Nemours, Inc. DE$112,969
Duke Energy Corporation NC$71,410

Why are you looking at this plan?

Spectrum Health System's retirement plan: fees & contributions

How these broker payments compare nationally

Employer health plans in Michigan

Source: DOL Form 5500 Schedule A, plan year 2023, EIN 383382353 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.