M. Argueso & Company, Inc. dba Parameltbenefits
M. Argueso & Company, Inc. dba Paramelt Health & Welfare Plan · MUSKEGON, MI · plan year 2024
M. Argueso & Company, Inc. dba Paramelt's benefits plans covered 157 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $94,402. Insurance brokers and agents were paid $28,571 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 30.3% of premiums. That is $182 per covered person, below the median for employer plans that report broker pay. Broker pay fell 0.9% from $28,826 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 223788131 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.