Form 5500 · Employee benefit plan · SPRING LAKE, MI
OLECO, INC.
Public Form 5500 records show how OLECO, INC. of SPRING LAKE, MI, a professional services employer, structures its employee benefits. Its broker of record is SYMPL BENEFITS INSURANCE AGENCY. Coverage is written through EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA and 1 other carrier. The plan's most recent policy period ended in July.
Sourced from U.S. DOL EFAST2 Form 5500 · EIN 38-1861040 · plan 501 · as of Aug 2026
Plan brief
Schedule A lists 2 insured contracts covering dental, vision, life and disability; the largest, with EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA, covers 150 people.
Reported premium across the insured contracts is $168,381, with $21,860 in disclosed broker commissions — about 13% of premium.
The most recent policy period ended in July, and the plan year ends July 31. Group contracts typically renew on that annual cycle.
SYMPL BENEFITS INSURANCE AGENCY is the broker of record on 1 of the 2 contracts; the rest name a different broker or none.
Two carriers split the book: EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA and DELTA DENTAL OF MICHIGAN.
Schedule A insurance contracts
| Carrier | Benefits | Covered | Renews | Premium | Commission |
|---|---|---|---|---|---|
| EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA | Vision, Life, Disability | 150 | July | $119,835 | $19,843 |
| DELTA DENTAL OF MICHIGAN | Dental | 173 | July | $48,546 | $2,017 |
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