Plan Ledger DOL Form 5500 · updated monthly

Wolverine Building, Inc.benefits

Wolverine Building, Inc. Life Insurance Plan · GRAND RAPIDS, MI · plan year 2024

Broker compensation reported · 2024
$12,486

Wolverine Building, Inc.'s benefits plans covered 184 active participants in 2024, providing life. Insurance brokers and agents were paid $12,486 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $68 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 30% from $9,570 in 2023.

Insurance contracts · 20243
PRIORITY HEALTH INSURANCE COMPANY · healthpremiums n/a · 429 covered
RELIANCE STANDARD · lifepremiums n/a · 190 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · visionpremiums n/a · 114 covered
Brokers & agents paid · 20243
LOXLEY GROUP, LLC$7,424 · incl $951 fees
HOME OFFICE TPA PAYS COMMISION$2,587
GIS BENEFITS, INC.$2,475 · incl $317 fees
Also brokered by Loxley Group, LLC3

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 383536950 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.