Northern Star Industries, Incbenefits
Ibew LU2221 Health & Welfare Plan · IRON MOUNTAIN, MI · plan year 2024
Northern Star Industries, Inc's benefits plans covered 385 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $865,229. Insurance brokers and agents were paid $108,316 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 12.5% of premiums. That is $281 per covered person, above the median for employer plans that report broker pay. Broker pay rose 45% from $74,781 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 381683485 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.