Plan Ledger DOL Form 5500 · updated monthly

Superior National Bankbenefits

Superior National Bank Wrap Plan · HANCOCK, MI · plan year 2025

Broker compensation reported · 2025
$101,536

Superior National Bank's benefits plans covered 188 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,980,848. Insurance brokers and agents were paid $101,536 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.1% of premiums. That is $540 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 10% from $91,950 in 2024.

Insurance contracts · 20258
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$1.7M · 270 covered
DELTA DENTAL · dental$147K · 295 covered
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$73K · 20 covered
VISION SERVICE PLAN · vision$26K · 131 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · ltdpremiums n/a · 188 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · stdpremiums n/a · 159 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 124 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 158 covered
Brokers & agents paid · 20253
JOHN DILORENZO$70,090
MICHIGAN PLANNERS, INC.$23,232 · incl $88 fees
MICHIGAN PLANNERS INC.$8,214 · incl $8,214 fees
Also brokered by John Dilorenzo5

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 381084525 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.