Joint Board of Trustees of MRCC Employee Benefits Fund
Updated Filing received by DOL
Joint Board of Trustees of MRCC Employee Benefits Fund, a construction employer in Troy, Michigan, reported 7,781 participants in its health and welfare plan for plan year 2024. Its Form 5500 shows $986,206 in insurance premiums across 8 contracts and $272,635 in broker commissions and fees. The plan is a mix of insured and self-funded coverage. The Department of Labor received an amended filing on July 2, 2026; the original filing date is not in the public dataset.
Who was paid on Joint Board of Trustees of MRCC Employee Benefits Fund's plan
Schedule A, Part I lists each broker or agent paid on each insurance contract and the amount. Totals below add every contract Joint Board of Trustees of MRCC Employee Benefits Fund filed for 2024.
| Broker or agent | Commissions | Fees | Total | Contracts |
|---|---|---|---|---|
| Benesys, Inc. · Troy, MI | $136,037 | $0 | $136,037 | 2 |
| Benefits Partner LLC · Sterling Heights, MI | $135,735 | $0 | $135,735 | 2 |
| Segal · Tempe, AZ | $242 | $0 | $242 | 1 |
| Labor-First LLC · Mount Laurel, NJ | $238 | $0 | $238 | 1 |
| Upstate Financial Services · Syracuse, NY | $192 | $0 | $192 | 1 |
| Brown & Brown · Louisville, KY | $108 | $0 | $108 | 1 |
| Innovative Benefit Solutions Inc · Mequon, WI | $83 | $0 | $83 | 1 |
Source: DOL Form 5500 Schedule A, Part I (broker commissions and fees), plan year 2024, as published in EBSA's 2024 "Latest" dataset. Part I names whoever the carrier paid, which can be a firm or an individual agent; both are public record. Amounts exclude pay from carriers not tied to a listed contract.
Insurance contracts and carriers
Every insurance contract reported on Schedule A: carrier, what it covers, people covered at year end, earned premium, and broker compensation.
| Carrier · coverage | Covered | Premium | Broker pay | Rate |
|---|---|---|---|---|
| Partnerre America Insurance Cocoverage not coded | — | $598,359 | — | — |
| Vision Service Planvision | 5,901 | $387,847 | — | — |
| Humana Insurance Companyprescription drug, PPO | 2,747 | — | $272,351 | — |
| Delta Dental of Michigandental | 13,081 | — | — | — |
| Delta Dental of Michigandental | 1,993 | — | — | — |
| Humana Insurance Company of New Yorkprescription drug, PPO | 4 | — | $284 | — |
| BCBS - Independence Administratorshealth | 6,788 | — | — | — |
| Dencap Dental Plans, Inc.dental | 706 | — | — | — |
Source: DOL Form 5500 Schedule A, plan year 2024. Self-funded medical coverage has no premium; amounts shown for it are stop-loss or administrative contracts.
How Joint Board of Trustees of MRCC Employee Benefits Fund compares
Medians across employers for plan year 2024, the most recent complete year. Commission rates use fully insured medical contracts only; dollar medians use every employer that disclosed broker pay.
Not computable: no insured medical premium on the filing.
Source: BenefitsLedger benchmarks from 58,547 employer health plans with 100 or more participants, plan year 2024. Methodology.
Year over year
| 2023 | 2024 | Change | |
|---|---|---|---|
| Participants | 7,411 | 7,781 | +5.0% |
| Premiums filed | $412,547 | $986,206 | +139.1% |
| Broker commissions + fees | $142 | $272,635 | +191896.5% |
| Commission rate | — | — | — |
Source: DOL Form 5500 filings for plan years 2023 and 2024.
Filings and timeliness
Plans this employer filed under its EIN with a health benefit code. Large plans are due seven months after the plan year ends, or two and a half months later with an extension; amended filings carry the amendment date, so no timing is asserted for them.
| Plan | Plan year end | Received by DOL | Timing | Participants |
|---|---|---|---|---|
| Michigan Regional Council of Carpenters' Employee Benefits Fund#501 · amended · insurance, trust | April 30, 2025 | July 2, 2026 | amended filing; original date not in data | 7,781 |
Source: DOL Form 5500 Part I and signature dates; "late" means received after the extended deadline (the 15th day of the tenth month after plan year end). What a late Form 5500 costs.
How much did Joint Board of Trustees of MRCC Employee Benefits Fund pay in health insurance broker commissions in 2024?
Joint Board of Trustees of MRCC Employee Benefits Fund's 2024 Form 5500 reports $272,635 in broker commissions and fees across 8 insurance contracts ($272,635 in commissions, $0 in fees), with Benesys, Inc. receiving the largest share.
Is Joint Board of Trustees of MRCC Employee Benefits Fund's health plan self-funded or fully insured?
The 2024 filing indicates the plan is a mix of insured and self-funded coverage. Medical coverage is written by BCBS - Independence Administrators.
How does Joint Board of Trustees of MRCC Employee Benefits Fund's broker compensation compare with similar employers?
A commission-to-premium ratio cannot be computed for Joint Board of Trustees of MRCC Employee Benefits Fund because the filing does not report medical premium on Schedule A (usual for self-funded plans). In dollars, employers with 5,000+ participants that disclosed broker pay reported a median of $458,262.
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Record built October 24, 2026 from U.S. Department of Labor, EBSA Form 5500 datasets (2025, 2024, 2023 plan years, 'Latest' files). Filings can run 7 to 10 months behind the plan year; always confirm against current plan documents. BenefitsLedger is not affiliated with the U.S. Department of Labor. Open the DOL filing search.