Kendrick Plastics, Inc.benefits
Kendrick Plastics Health and Welfare Plan · GRAND RAPIDS, MI · plan year 2025
Kendrick Plastics, Inc.'s benefits plans covered 311 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $174,160. Insurance brokers and agents were paid $67,210 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 38.6% of premiums. That is $216 per covered person, above the median for employer plans that report broker pay. Broker pay fell 59% from $164,653 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 843066353 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.