Plan Ledger DOL Form 5500 · updated monthly

Vconverter Corporationbenefits

Vconverter Corporation Welfare Benefit Plan · NOVI, MI · plan year 2025

Broker compensation reported · 2025
$42,060

Vconverter Corporation's benefits plans covered 92 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $570,416. Insurance brokers and agents were paid $42,060 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.4% of premiums. That is $457 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 5.4% from $44,466 in 2024.

Insurance contracts · 202512
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$329K · 54 covered
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$242K · 52 covered
NATIONAL VISION ADMINISTRATORS · visionpremiums n/a · 55 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 92 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 93 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · stdpremiums n/a · 100 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · dentalpremiums n/a · 62 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 25 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 25 covered
Brokers & agents paid · 20253
ALBERT MITCHELL$25,564
CAMBRIDGE CONSULTING GROUP INC.$15,398 · incl $5,251 fees
NFP INSURANCE SERVICES, INC$1,098 · incl $1,098 fees
Also brokered by Albert Mitchell3
Trucent, Inc MI$77,935

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2025, EIN 352208775 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.