Plan Ledger DOL Form 5500 · updated monthly

Systems Technology Group, Inc.benefits

Systems Technology Group Health Plan · TROY, MI · plan year 2024

Broker compensation reported · 2024
$52,555

Systems Technology Group, Inc.'s benefits plans covered 146 active participants in 2024, providing health · life · dental · short-term disability · long-term disability. Insurance premiums totaled $1,334,833. Insurance brokers and agents were paid $52,555 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.9% of premiums. That is $360 per covered person, above the median for employer plans that report broker pay. Broker pay fell 19% from $64,567 in 2023.

Insurance contracts · 20245
BLUE CROSS BLUE SHIELD OF MICHIGAN · health$1.3M · 259 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · ltdpremiums n/a · 146 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · stdpremiums n/a · 146 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life stdpremiums n/a · 146 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 61 covered
Brokers & agents paid · 20242
TRAVIS PORTA$40,612
HUB INTERNATIONAL MIDWEST$11,943 · incl $5,723 fees
Also brokered by Travis Porta5
Utac US Inc. MI$35,555

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 382612369 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.