Pace Industries, LLCbenefits
Pace Industries Benefit Plan · NOVI, MI · plan year 2024
Pace Industries, LLC's benefits plans covered 1,326 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $271,394. Insurance brokers and agents were paid $76,282 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 28.1% of premiums. That is $58 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 59% from $185,370 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 208436490 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.