Area Community Service Employment & Training Councilbenefits
Area Community Service Employment & Training Council Group Insurance Plan · GRAND RAPIDS, MI · plan year 2024
Area Community Service Employment & Training Council's benefits plans covered 330 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $3,114,021. Insurance brokers and agents were paid $120,845 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.9% of premiums. That is $366 per covered person, above the median for employer plans that report broker pay. Broker pay rose 12% from $107,483 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 382631431 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.