Jack Demmer Ford, Inc.benefits
Jack Demmer Ford, Inc, Long-Term Disability Plan · WAYNE, MI · plan year 2025
Jack Demmer Ford, Inc.'s benefits plans covered 120 active participants in 2025, providing life · short-term disability · long-term disability · other. Insurance premiums totaled $1,252,189. Insurance brokers and agents were paid $60,340 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.8% of premiums. That is $503 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 7.2% from $56,270 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 381559015 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.