Faac, Inc./Arotechbenefits
Faac, Inc./Arotech Employee Benefit Plan · ANN ARBOR, MI · plan year 2025
Faac, Inc./Arotech's benefits plans covered 542 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $5,567,469. Insurance brokers and agents were paid $267,079 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.8% of premiums. That is $493 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 2.9% from $259,577 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 382690218 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.