Great Lakes Mechanical Systems, Inc.benefits
D&W Mechanical Health & Welfare Plan · TRAVERSE CITY, MI · plan year 2024
Great Lakes Mechanical Systems, Inc.'s benefits plans covered 104 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $59,787. Insurance brokers and agents were paid $46,165 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 77.2% of premiums. That is $444 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 6.6% from $43,291 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 382765947 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.