Plan Ledger DOL Form 5500 · updated monthly

The Healing Haven, LLCbenefits

The Healing Haven, LLC Employee Benefits Plan · MADISON HEIGHTS, MI · plan year 2024

Broker compensation reported · 2024
$33,028

The Healing Haven, LLC's benefits plans covered 192 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $533,501. Insurance brokers and agents were paid $33,028 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.2% of premiums. That is $172 per covered person, below the median for employer plans that report broker pay. Broker pay rose 21% from $27,327 in 2023.

Insurance contracts · 20244
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$324K · 79 covered
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug vision ppo$209K · 103 covered
PRINCIPAL LIFE INSURANCE COMPANY · dental vision ppopremiums n/a · 97 covered
DEARBORN LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 192 covered
Brokers & agents paid · 20243
JONATHAN LAU$25,172
LAU & LAU ASSOCIATES LLC$6,866
LAU AND LAU ASSOCIATES LLC$990 · incl $990 fees
Also brokered by Jonathan Lau2

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 273412587 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.