General Fasteners Companybenefits
General Fasteners Flexible Benefit Plan · LIVONIA, MI · plan year 2025
General Fasteners Company's benefits plans covered 148 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $90,986. Insurance brokers and agents were paid $52,224 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 57.4% of premiums. That is $353 per covered person, above the median for employer plans that report broker pay. Broker pay rose 7.4% from $48,639 in 2024.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2025, EIN 381850093 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.