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
General Dynamics Corporation VA$20,813,904
Sanford ND$4,316,517
Select Medical Corporation PA$2,703,667
The Goodyear Tire & Rubber Company OH$2,051,118
Quanta Services Management Partnership, L.P. TX$1,980,050
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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.