Plan Ledger DOL Form 5500 · updated monthly

Wolverine Packing Companybenefits

Wolverine Packing Company Employee Benefit Plan · DETROIT, MI · plan year 2024

Broker compensation reported · 2024
$50,892

Wolverine Packing Company's benefits plans covered 628 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $7,183. Insurance brokers and agents were paid $50,892 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 708.5% of premiums. That is $81 per covered person, below the median for employer plans that report broker pay. Broker pay rose 26% from $40,479 in 2023.

Insurance contracts · 20242
AMERICAN UNITED LIFE INSURANCE COMPANY · life ltdpremiums n/a · 628 covered
Brokers & agents paid · 20241
KAPNICK AND COMPANY INC.$50,892 · incl $15,829 fees
Also brokered by Kapnick and Company Inc.5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 381901974 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.