Plan Ledger DOL Form 5500 · updated monthly

Suspa Incorporatedbenefits

Health Benefit Plan for Suspa, Inc. · GRAND RAPIDS, MI · plan year 2024

Broker compensation reported · 2024
$27,755

Suspa Incorporated's benefits plans covered 151 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $126,544. Insurance brokers and agents were paid $27,755 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 21.9% of premiums. That is $184 per covered person, below the median for employer plans that report broker pay. Broker pay fell 1.7% from $28,230 in 2023.

Insurance contracts · 20243
DELTA DENTAL OF MICHIGAN · dental$127K · 341 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 151 covered
Brokers & agents paid · 20243
LIGHTHOUSE GROUP$23,153 · incl $4,601 fees
NATIONAL BENEFIT CENTER$3,069 · incl $3,069 fees
LIGHTHOUSE KEUNING INS GROUP$1,533
Also brokered by Lighthouse Group5
Vec (USA), Inc. MI$114,326

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 382062153 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.