Foster, Swift, Collins & Smith, P.C.benefits
Foster, Swift, Collins & Smith PC Employee Group Benefit Plan · LANSING, MI · plan year 2024
Foster, Swift, Collins & Smith, P.C.'s benefits plans covered 198 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $152,311. Insurance brokers and agents were paid $105,971 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 69.6% of premiums. That is $535 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 14% from $92,953 in 2023.
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 2024, EIN 381904703 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.