United Physicians, Inc.benefits
United Physicians Welfare Benefits Plan · BINGHAM FARMS, MI · plan year 2024
United Physicians, Inc.'s benefits plans covered 115 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,686,290. Insurance brokers and agents were paid $71,837 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.3% of premiums. That is $625 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 31% from $104,703 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 383500370 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.