Geater Machining & Manufacturing Cobenefits
Geater Machining & Manufacturing Co Employee Life & Disability Plan · INDEPENDENCE, IA · plan year 2025
Geater Machining & Manufacturing Co's benefits plans covered 314 active participants in 2025, providing life · short-term disability · long-term disability. Insurance premiums totaled $2,645,121. Insurance brokers and agents were paid $63,206 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.4% of premiums. That is $201 per covered person, above the median for employer plans that report broker pay. Broker pay rose 22% from $51,971 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 420885471 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.