Coretek, LLC dba Coretekbenefits
Coretek Employee Benefits Plan · FARMINGTON HILLS, MI · plan year 2025
Coretek, LLC dba Coretek's benefits plans covered 138 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,853,107. Insurance brokers and agents were paid $92,668 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.0% of premiums. That is $672 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 19% from $78,111 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 202744363 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.