Grand Rapids Foam Technologies, Incbenefits

Grand Rapids Foam Technologies, Inc's benefits plans covered 217 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $92,597. Insurance brokers and agents were paid $37,492 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 40.5% of premiums. That is $173 per covered person, below the median for employer plans that report broker pay. Broker pay rose 13% from $33,164 in 2023.