Belmont Engineered Plastics, LLCbenefits
Belmont Engineered Plastics Employee Benefit Plan · BELMONT, MI · plan year 2024
Belmont Engineered Plastics, LLC's benefits plans covered 153 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits. Insurance premiums totaled $50,256. Insurance brokers and agents were paid $27,374 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 54.5% of premiums. That is $179 per covered person, below the median for employer plans that report broker pay. Broker pay fell 64% from $76,934 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 462128179 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.