Besser Companybenefits
Besser Company Health & Welfare Plan · ALPENA, MI · plan year 2025
Besser Company's benefits plans covered 498 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $269,420. Insurance brokers and agents were paid $52,994 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 19.7% of premiums. That is $106 per covered person, below the median for employer plans that report broker pay. Broker pay rose 70% from $31,155 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 381989675 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.