Lumbermen's, Inc.benefits
Lumbermen's, Inc. Flexible Benefit Plan · GRAND RAPIDS, MI · plan year 2025
Lumbermen's, Inc.'s benefits plans covered 648 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $405,120. Insurance brokers and agents were paid $186,972 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 46.2% of premiums. That is $289 per covered person, above the median for employer plans that report broker pay. Brokers were paid 3.2x the $58,822 reported for 2024.
Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 383367986 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.