Plan Ledger DOL Form 5500 · updated monthly

Systrand Manufacturing Corporationbenefits

The Systrand Manufacturing Corporation Welfare Benefit Plan · BROWNSTOWN, MI · plan year 2024

Broker compensation reported · 2024
$63,801

Systrand Manufacturing Corporation's benefits plans covered 140 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $63,801 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $456 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 23% from $51,865 in 2023.

Insurance contracts · 20242
ALLIANCE HEALTH AND LIFE INSURANCE COMPANY · health drug ppopremiums n/a · 174 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental vision life std ltdpremiums n/a · 140 covered
Brokers & agents paid · 20242
GALLAGHER BENEFIT SERVICES INC.$55,836 · incl $4,615 fees
BENEFIT PROFILES INC$7,965
Also brokered by Gallagher5
Chem Carriers, LLC LA$5,531,992

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 382510273 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.