Cryptonbenefits
Crypton LLC Welfare Benefit Plan · BLOOM FIELD HILLS, MI · plan year 2024
Crypton's benefits plans covered 192 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,645,971. Insurance brokers and agents were paid $94,138 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.7% of premiums. That is $490 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 9.0% from $103,452 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 383156045 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.