General Equipment & Supplies, Inc.benefits
General Equipment & Supplies, Inc. Welfare Benefit · FARGO, ND · plan year 2025
General Equipment & Supplies, Inc.'s benefits plans covered 252 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $199,121. Insurance brokers and agents were paid $79,771 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 40.1% of premiums. That is $317 per covered person, above the median for employer plans that report broker pay. Broker pay rose 47% from $54,342 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 450382112 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.