Plan Ledger DOL Form 5500 · updated monthly

Summit Management Consulting LLCbenefits

Summit Management Consulting LLC Employee Benefits Plan · PORT HURON, MI · plan year 2024

Broker compensation reported · 2024
$66,739

Summit Management Consulting LLC's benefits plans covered 162 active participants in 2024, providing health · life · dental · vision · short-term disability · other. Insurance premiums totaled $1,417,379. Insurance brokers and agents were paid $66,739 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.7% of premiums. That is $412 per covered person, above the median for employer plans that report broker pay. Broker pay fell 18% from $81,527 in 2023.

Insurance contracts · 20245
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$977K · 208 covered
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$332K · 68 covered
DELTA DENTAL OF MICHIGAN · dental$108K · 308 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · vision life stdpremiums n/a · 166 covered
COLONIAL LIFE & ACCIDENT INSURANCE COMPANY · lifepremiums n/a · 20 covered
Brokers & agents paid · 20249
WILSHIRE BENEFITS GROUP, INC.$10,761 · incl $90 fees
DAVID ERWIN$40,776
WILSHIRE BENEFITS GROUP INC$11,475 · incl $1,819 fees
DIANNA LYNN ATCHISON$2,274 · incl $653 fees
TRUE NETWORK ADVISORS$803
RENEL & RENEL ASOCS INC$14
NORTHWEST WORKSITE MARKETING CORP$11
NORTHWEST ENROLLX LLC$6
5 individual agents · names withheld$619

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.

Also brokered by Wilshire Benefits Group, Inc.5
Honigman LLP MI$43,047

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 710878314 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.