Kamps, Inc.benefits
Kamps, Inc. Welfare and Benefit Plan · GRAND RAPIDS, MI · plan year 2025
Kamps, Inc.'s benefits plans covered 2,804 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $536,264. Insurance brokers and agents were paid $106,171 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 19.8% of premiums. That is $38 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 27% from $146,093 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 382235224 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.