McNaughton-McKay Electric Companybenefits
McNaughton-McKay Electric Company Group Benefit Plan · MADISON HEIGHTS, MI · plan year 2025
McNaughton-McKay Electric Company's benefits plans covered 1,642 active participants in 2025, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $1,632,509. Insurance brokers and agents were paid $131,951 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.1% of premiums. That is $80 per covered person, below the median for employer plans that report broker pay. Broker pay rose 41% from $93,492 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 380812640 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.