Ami Industries, Inc.benefits
Ami Industries, Inc. Welfare Benefit Plan · LEWISTON, MI · plan year 2024
Ami Industries, Inc.'s benefits plans covered 106 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $46,921. Insurance brokers and agents were paid $29,413 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 62.7% of premiums. That is $277 per covered person, above the median for employer plans that report broker pay. Broker pay fell 14% from $34,219 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 320009678 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.