Grand Traverse Plastics Corporation Disability Planbenefits
Grand Traverse Plastics Corporation Disability Pla · WILLIAMSBURG, MI · plan year 2024
Grand Traverse Plastics Corporation Disability Plan's benefits plans covered 159 active participants in 2024, providing short-term disability. Insurance premiums totaled $47,286. Insurance brokers and agents were paid $4,481 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.5% of premiums. That is $28 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 79% from $2,504 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 382336459 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.