Plan Ledger DOL Form 5500 · updated monthly

Vesco Oil Corporationbenefits

Vesco Oil Corporation Welfare Benefit Plan · SOUTHFIELD, MI · plan year 2024

Broker compensation reported · 2024
$114,940

Vesco Oil Corporation's benefits plans covered 191 active participants in 2024, providing health · life · dental · vision · long-term disability. Insurance premiums totaled $2,984,147. Insurance brokers and agents were paid $114,940 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.9% of premiums. That is $602 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 37% from $181,691 in 2023.

Insurance contracts · 20244
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug vision ppo$2.0M · 415 covered
BLUE CARE NETWORK OF MICHIGAN · health drug hmo$951K · 161 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental lifepremiums n/a · 215 covered
KANSAS CITY LIFE INSURANCE COMPANY · life ltdpremiums n/a · 214 covered
Brokers & agents paid · 20245
ROBERT WEILAND$93,064
KAPNICK & COMPANY$11,111 · incl $1,983 fees
MICHAEL A WERTHEIMER$5,012
KAPNICK AND COMPANY INC$3,026 · incl $3,026 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 381289952 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.