Midwest Freight Systems Corpbenefits
Midwest Freight Systems Welfare Benefit Plan · WARREN, MI · plan year 2024
Midwest Freight Systems Corp's benefits plans covered 239 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,468,751. Insurance brokers and agents were paid $100,232 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.8% of premiums. That is $419 per covered person, above the median for employer plans that report broker pay. Broker pay rose 1.6% from $98,658 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 273285335 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.