Notions Marketing Corporationbenefits
Notions Marketing Health and Welfare Benefit Plan · GRAND RAPIDS, MI · plan year 2024
Notions Marketing Corporation's benefits plans covered 301 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $2,455,420. Insurance brokers and agents were paid $131,336 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.3% of premiums. That is $436 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 30% from $101,047 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 381903169 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.