Detroit Forming, Inc.benefits
Detroit Forming, Inc. Benefit Plan · SOUTHFIELD, MI · plan year 2025
Detroit Forming, Inc.'s benefits plans covered 163 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $68,787. Insurance brokers and agents were paid $73,445 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 106.8% of premiums. That is $451 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 9.3% from $80,973 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 381680686 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.