Coastal Management Services, LLCbenefits
Coastal Group Health Plan · HOLLAND, MI · plan year 2025
Coastal Management Services, LLC's benefits plans covered 254 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $17,380. Insurance brokers and agents were paid $15,254 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 87.8% of premiums. That is $60 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 45% from $27,581 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 811525854 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.