Life Ems, Inc.benefits
Life Ems, Inc. Umbrella Plan · GRAND RAPIDS, MI · plan year 2024
Life Ems, Inc.'s benefits plans covered 444 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $5,212,649. Insurance brokers and agents were paid $33,633 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.6% of premiums. That is $76 per covered person, below the median for employer plans that report broker pay. Broker pay rose 8.5% from $30,988 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 382285796 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.