Plan Ledger DOL Form 5500 · updated monthly

Troy Motors, Inc. dba Elder Fordbenefits

Elder Automotive Group Health and Benefit Welfare Plan · MACOMB, MI · plan year 2024

Broker compensation reported · 2024
$42,635

Troy Motors, Inc. dba Elder Ford's benefits plans covered 163 active participants in 2024, providing health · life · dental · vision · short-term disability · other. Insurance brokers and agents were paid $42,635 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $262 per covered person, above the median for employer plans that report broker pay. Broker pay rose 3.2% from $41,321 in 2023.

Insurance contracts · 20242
UNITEDHEALTHCARE INSURANCE COMPANY · health drugpremiums n/a · 115 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · dental vision life stdpremiums n/a · 137 covered
Brokers & agents paid · 20242
MARSH & MCLENNAN AGENCY LLC$42,320 · incl $26,141 fees
ROGER BOUCHARD INSURANCE INC$315 · incl $315 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 381845027 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.