Louca Mold and Aerospace Machining Inc. dba Legacy Industries Incbenefits
Legacy Industries Employees Insurance Benefit Plan · AUBURN HILLS, MI · plan year 2024
Louca Mold and Aerospace Machining Inc. dba Legacy Industries Inc's benefits plans covered 284 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $225,018. Insurance brokers and agents were paid $168,308 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 74.8% of premiums. That is $593 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 24% from $135,564 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 382026714 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.