Plan Ledger DOL Form 5500 · updated monthly

Vanguard Fire & Supply Co.benefits

Vanguard Fire & Supply Co., Inc. Et Al, Section 125 Cafeteria Plan · GRAND RAPIDS, MI · plan year 2023

Broker compensation reported · 2023
$293,298

Vanguard Fire & Supply Co.'s benefits plans covered 538 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $500,903. Insurance brokers and agents were paid $293,298 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 58.6% of premiums. That is $545 per covered person, in the top quarter of employer plans that report broker pay.

Insurance contracts · 202323
DELTA DENTAL OF MICHIGAN · dental$105K · 343 covered
DELTA DENTAL OF MICHIGAN · dental$103K · 306 covered
DELTA DENTAL OF MICHIGAN · dental$97K · 320 covered
DELTA DENTAL OF MICHIGAN · dental$96K · 306 covered
DELTA DENTAL OF MICHIGAN · dental$96K · 291 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life std ltd$5K · 135 covered
PRIORITY HEALTH INSURANCE COMPANY · health drugpremiums n/a · 307 covered
PRIORITY HEALTH INSURANCE COMPANY · health drugpremiums n/a · 6 covered
METROPOLITAN LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 538 covered
VISION SERVICE PLAN · visionpremiums n/a · 143 covered
METROPOLITAN LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 522 covered
VISION SERVICE PLAN · visionpremiums n/a · 121 covered
PRIORITY HEALTH INSURANCE COMPANY · health drugpremiums n/a · 6 covered
PRIORITY HEALTH INSURANCE COMPANY · health drugpremiums n/a · 300 covered
VISION SERVICE PLAN · visionpremiums n/a · 109 covered
METROPOLITAN LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 482 covered
PRIORITY HEALTH INSURANCE COMPANY · health drugpremiums n/a · 1 covered
PRIORITY HEALTH INSURANCE COMPANY · health drugpremiums n/a · 284 covered
VSP VISION CARE · visionpremiums n/a · 109 covered
METROPOLITAN LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 432 covered
PRIORITY HEALTH INSURANCE COMPANY · health drugpremiums n/a · 1 covered
PRIORITY HEALTH INSURANCE COMPANY · health drugpremiums n/a · 267 covered
METROPOLITAN LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 322 covered
Brokers & agents paid · 20232
STEVE OLSON$264,729 · incl $3,693 fees
BERENDS HENDRICKS STUIT AG$28,569 · incl $3,440 fees
Also brokered by Steve Olson2

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 381967444 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.