Paragon Die & Engineering Companybenefits
Paragon Die & Engineering Company Employee Benefit Plan · GRAND RAPIDS, MI · plan year 2024
Broker compensation reported · 2024
$13,774
Paragon Die & Engineering Company's benefits plans covered 161 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $13,774 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $86 per covered person, below the median for employer plans that report broker pay. Broker pay fell 77% from $61,076 in 2023.
Insurance contracts · 20242
METROPOLITAN LIFE INSURANCE COMPANY · life ltdpremiums n/a · 296 covered
VISION SERVICE PLAN · visionpremiums n/a · 103 covered
Brokers & agents paid · 20242
LIGHTHOUSE GROUP, LLC.$12,189 · incl $1,054 fees
ALERA GROUP, INC.$1,585
Also brokered by Lighthouse Group, LLC.1
Williams Form Engineering Corp MI$42,519
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 381605713 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.