Mortgage 1, Inc.benefits
Mortgage 1, Inc. Employee Benefit Plan · STERLING HEIGHTS, MI · plan year 2025
Mortgage 1, Inc.'s benefits plans covered 175 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $1,139,148. Insurance brokers and agents were paid $85,340 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.5% of premiums. That is $488 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 32% from $64,852 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 383133176 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.