Plan Ledger DOL Form 5500 · updated monthly

Workit Health, Inc.benefits

Workit Health Inc, Health and Welfare Benefits Plan · ANN ARBOR, MI · plan year 2024

Broker compensation reported · 2024
$76,762

Workit Health, Inc.'s benefits plans covered 159 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,424,982. Insurance brokers and agents were paid $76,762 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.4% of premiums. That is $483 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 52% from $50,608 in 2023.

Insurance contracts · 20246
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$1.4M · 202 covered
UNUM INSURANCE COMPANYpremiums n/a · 12 covered
UNUM INSURANCE COMPANYpremiums n/a · 20 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · stdpremiums n/a · 18 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 150 covered
PRINCIPAL LIFE INSURANCE COMPANY · dental visionpremiums n/a · 117 covered
Brokers & agents paid · 20242
PROFESSIONAL GROUP PLANS INC$3,370 · incl $3,370 fees
MARSH & MCLENNAN AGENCY LLC$73,392 · incl $2,523 fees
Also brokered by Professional Group Plans Inc5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 472834915 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.