Handelsman Inc.benefits
Handelsman Inc dba Better Health Health and Welfare Benefit Plan · NOVI, MI · plan year 2024
Handelsman Inc.'s benefits plans covered 131 active participants in 2024, providing health · life · dental · vision · death benefits. Insurance premiums totaled $37,188. Insurance brokers and agents were paid $19,711 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 53.0% of premiums. That is $150 per covered person, below the median for employer plans that report broker pay. Broker pay fell 3.6% from $20,448 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 383451474 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.