Plan Ledger DOL Form 5500 · updated monthly

Varnum LLPbenefits

Varnum Profit-Sharing and Retirement Savings Plan · GRAND RAPIDS, MI · plan year 2024

Broker compensation reported · 2024
$68,410

Varnum LLP's benefits plans covered 263 active participants in 2024, providing life. Insurance premiums totaled $5,734. Insurance brokers and agents were paid $68,410 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1193.1% of premiums. That is $260 per covered person, above the median for employer plans that report broker pay. Broker pay rose 85% from $36,973 in 2023.

Insurance contracts · 20246
MASSACHUSETTES MUTUAL LIFE INSURANCE COMPANYpremiums n/a · 1 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 117 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 288 covered
EYEMED · visionpremiums n/a · 475 covered
Brokers & agents paid · 20245
ACRISURE LLC$29,648 · incl $7,898 fees
GEORGE SLIKKERS$9,157
CENTRO BENEFITS RESEARCH LLC$29,548 · incl $29,548 fees
JD GENERAL AGENCY LLC$3
2 individual agents · names withheld$54

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 Acrisure5
Acrisure LLC MI$829,246

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 381294924 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.