Plan Ledger DOL Form 5500 · updated monthly

Vq, Inc.benefits

Tommy Car Wash System Employee Benefit Plan · HOLLAND, MI · plan year 2024

Broker compensation reported · 2024
$39,594

Vq, Inc.'s benefits plans covered 409 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $161,385. Insurance brokers and agents were paid $39,594 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 24.5% of premiums. That is $97 per covered person, below the median for employer plans that report broker pay. Broker pay fell 1.4% from $40,165 in 2023.

Insurance contracts · 20244
DELTA DENTAL OF MICHIGAN · dental$161K · 606 covered
HARTFORD LIFE AND ACCIDENT · life std ltdpremiums n/a · 615 covered
PINE RESTpremiums n/a · 300 covered
VISION SERVICE PLAN · visionpremiums n/a · 239 covered
Brokers & agents paid · 20241
LOCKTON COMPANIES, LLC$39,594 · incl $5,035 fees
Also brokered by Lockton5
Banner Health AZ$3,011,257

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 383388981 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.