Buist Electric Inc.benefits
Buist Electric Inc. Welfare Benefit Plan · BYRON CENTER, MI · plan year 2025
Buist Electric Inc.'s benefits plans covered 479 active participants in 2025, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $552,863. Insurance brokers and agents were paid $67,254 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 12.2% of premiums. That is $140 per covered person, below the median for employer plans that report broker pay. Broker pay rose 9.1% from $61,626 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 382177580 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.