Gonzalez Production Systems, Inc.benefits
Gonzalez Welfare Benefit Plan · PONTIAC, MI · plan year 2024
Previously filed as Gonzalez Production Systems, Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.
Gonzalez Production Systems, Inc.'s benefits plans covered 249 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $2,567,425. Insurance brokers and agents were paid $128,522 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.0% of premiums. That is $516 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 10% from $143,018 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 383405306 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.