Koops, Inc.benefits
Koops, Inc. Health and Welfare Benefit Plan · HOLLAND, MI · plan year 2025
Koops, Inc.'s benefits plans covered 322 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $3,356,851. Insurance brokers and agents were paid $151,541 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.5% of premiums. That is $471 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 17% from $129,796 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 383266325 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.