AG Business Solutions, L.L.C.benefits
AG Business Solutions's Group Insurance Plan · GRAND RAPIDS, MI · plan year 2025
AG Business Solutions, L.L.C.'s benefits plans covered 657 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $220,353. Insurance brokers and agents were paid $22,417 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.2% of premiums. That is $34 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 3.1% from $23,138 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 204967307 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.