Graceland Fruit, Inc.benefits
Graceland Fruit Health and Welfare Plan · FRANKFORT, MI · plan year 2024
Graceland Fruit, Inc.'s benefits plans covered 166 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $80,057. Insurance brokers and agents were paid $66,061 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 82.5% of premiums. That is $398 per covered person, above the median for employer plans that report broker pay. Broker pay rose 3.5% from $63,825 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 382016646 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.