Plan Ledger DOL Form 5500 · updated monthly

The Forbes Company, LLCbenefits

The Forbes Company Employee Benefit Plan · SOUTHFIELD, MI · plan year 2024

Broker compensation reported · 2024
$65,685

The Forbes Company, LLC's benefits plans covered 298 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $1,494,953. Insurance brokers and agents were paid $65,685 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.4% of premiums. That is $220 per covered person, above the median for employer plans that report broker pay. Broker pay was essentially unchanged from 2023.

Insurance contracts · 20249
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$1.5M · 106 covered
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$44K · 5 covered
METROPOLITAN LIFE INSURANCE COMPANY · dentalpremiums n/a · 398 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 298 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · ltdpremiums n/a · 75 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 53 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY (EYEMED) · visionpremiums n/a · 288 covered
ESI GROUPpremiums n/a · 368 covered
Brokers & agents paid · 20245
KATHERINE HENRY$45,019
NFP CORPORATE SERVICES NY LLC$7,767 · incl $2,728 fees
NFP INSURANCE SERVICES INC$1,258 · incl $1,258 fees
Also brokered by Katherine Henry1

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 383441715 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.