Experi-Metal Inc.benefits
Experi-Metal Inc. Flexible Benefit Plan · STERLING HEIGHTS, MI · plan year 2024
Experi-Metal Inc.'s benefits plans covered 382 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,950,449. Insurance brokers and agents were paid $57,552 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.0% of premiums. That is $151 per covered person, below the median for employer plans that report broker pay. Broker pay fell 56% from $131,892 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 382837382 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.