Plan Ledger DOL Form 5500 · updated monthly

Universal Management Services Incbenefits

Universal Management Services Inc Employee Benefit Plan · WARREN, MI · plan year 2024

Broker compensation reported · 2024
$31,171

Universal Management Services Inc's benefits plans covered 280 active participants in 2024, providing health · life · dental · vision · long-term disability. Insurance brokers and agents were paid $31,171 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $111 per covered person, below the median for employer plans that report broker pay. Brokers were paid 18.5x the $1,684 reported for 2023.

Insurance contracts · 20243
RELIANCE STANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 286 covered
RELIASTAR LIFE INSURANCE COMPANY · lifepremiums n/a · 280 covered
CHEROKEE INSURANCE COMPANY · health drug dental vision ppopremiums n/a · 176 covered
Brokers & agents paid · 20243
TOTALIS CONSUMER BENEFIT SOLUTIONS$21,009 · incl $2,924 fees
FORESTER BENEFITS MANAGEMENT LLC$9,885 · incl $1,275 fees
Individual agent · names withheld$277

Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.

Also brokered by Totalis Consumer Benefit Solutions5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 464113638 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.