Plan Ledger DOL Form 5500 · updated monthly

Theoria Medical PLLCbenefits

Life Insurance · NOVI, MI · plan year 2025

Broker compensation reported · 2025
$87,368

Theoria Medical PLLC's benefits plans covered 280 active participants in 2025, providing life · death benefits. Insurance premiums totaled $2,708,133. Insurance brokers and agents were paid $87,368 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.2% of premiums. That is $312 per covered person, above the median for employer plans that report broker pay. Broker pay rose 42% from $61,723 in 2024.

Insurance contracts · 20252
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug dental vision ppo$2.7M · 483 covered
DEARBORN LIFE INSURANCE COMPANY · lifepremiums n/a · 280 covered
Brokers & agents paid · 20255
KEVIN MCDANIEL$49,899
CHRIS CHENG$34,513
PAYCHEX INSURANCE AGY, INC.$1,483 · incl $1,483 fees
Also brokered by Kevin McDaniel1

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 830826814 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.