Open Systems (Ost de LLC)benefits
Open Systems Technologies Health & Welfare Plan · GRAND RAPIDS, MI · plan year 2023
Open Systems (Ost de LLC)'s benefits plan covered 273 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $310,204. Insurance brokers and agents were paid $56,103 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 18.1% of premiums. That is $206 per covered person, above the median for employer plans that report broker pay.
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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 455105718 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.