American Battery Solutions, LLCbenefits
American Battery Solutions Welfare Plan · ORION TOWNSHIP, MI · plan year 2024
American Battery Solutions, LLC's benefits plans covered 294 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $2,989,040. Insurance brokers and agents were paid $148,010 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.0% of premiums. That is $503 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 27% from $116,568 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 833191953 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.