Covenant Eyes, Inc.benefits
Covenant Eyes Group Insurance Plan · OWOSSO, MI · plan year 2025
Covenant Eyes, Inc.'s benefits plans covered 205 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,947,632. Insurance brokers and agents were paid $125,944 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.3% of premiums. That is $614 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 50% from $84,178 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 043734213 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.