20-20 Technologies Commercial Corpbenefits
20-20 Technologies Commercial Corp Health and Welfare Benefits Plan · GRAND RAPIDS, MI · plan year 2024
20-20 Technologies Commercial Corp's benefits plans covered 356 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $4,491,414. Insurance brokers and agents were paid $289,876 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.5% of premiums. That is $814 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 88% from $154,508 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 980409188 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.