Goodwill Industries of Greater Grand Rapids, Inc.benefits

Goodwill Industries of Greater Grand Rapids, Inc.'s benefits plans covered 156 active participants in 2024, providing health · life · long-term disability · dental · vision · short-term disability · other. Insurance premiums totaled $351,821. Insurance brokers and agents were paid $132,816 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 37.8% of premiums. That is $851 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 3.1x the $43,480 reported for 2023.