Fernco, Inc.benefits
Fernco, Inc. Employee Benefits Plan · DAVISON, MI · plan year 2025
Fernco, Inc.'s benefits plans covered 332 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $136,673 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $412 per covered person, above the median for employer plans that report broker pay. Broker pay rose 6.2% from $128,695 in 2024.
Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 382238040 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.