May Mobility, Inc.benefits
May Mobility, Inc. Employee Health and Welfare Benefits Plan · ANN ARBOR, MI · plan year 2024
May Mobility, Inc.'s benefits plans covered 267 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $219,550. Insurance brokers and agents were paid $49,354 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 22.5% of premiums. That is $185 per covered person, below the median for employer plans that report broker pay. Broker pay rose 97% from $25,074 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 814997501 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.