Lifecare, Inc. D/B/A Friendship Villagebenefits
Lifecare, Inc. D/B/A Friendship Village Health Plan · KALAMAZOO, MI · plan year 2025
Lifecare, Inc. D/B/A Friendship Village's benefits plans covered 211 active participants in 2025, providing health · life · dental · vision · short-term disability. Insurance premiums totaled $269,969. Insurance brokers and agents were paid $216,959 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 80.4% of premiums. That is $1,028 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 13.6x the $15,973 reported for 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 382067110 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.