Big Rapids Products Inc.benefits
Big Rapids Proudcts Inc Umbrella Plan · BIG RAPIDS, MI · plan year 2025
Previously filed as Big Rapids Products Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.
Big Rapids Products Inc.'s benefits plans covered 372 active participants in 2025, providing health · life · dental · vision · short-term disability · other. Insurance premiums totaled $131,347. Insurance brokers and agents were paid $13,884 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.6% of premiums. That is $37 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 2.8% from $14,278 in 2024.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2025, EIN 382063321 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.