Mayco Internationalbenefits
Mayco International Welfare Benefit Plan · STERLING HEIGHTS, MI · plan year 2025
Mayco International's benefits plans covered 1,916 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,683,799. Insurance brokers and agents were paid $241,148 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 14.3% of premiums. That is $126 per covered person, below the median for employer plans that report broker pay. Broker pay rose 4.0% from $231,792 in 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 205663915 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.