Midland Plastics, Incbenefits
Midland Plastics, Inc. Welfare Benefit Plan · NEW BERLIN, WI · plan year 2024
Previously filed as Midland Plastics, Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.
Midland Plastics, Inc's benefits plans covered 115 active participants in 2024, providing health · life · short-term disability. Insurance premiums totaled $5,087. Insurance brokers and agents were paid $131,670 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2588.4% of premiums. That is $1,145 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 30% from $101,136 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 390744453 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.