Phoenix Composite Solutions LLCbenefits
Phoenix Composite Solutions LLC · OSCODA, MI · plan year 2024
Previously filed as Phoenix Composite Solutions, LLC. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.
Phoenix Composite Solutions LLC's benefits plans covered 212 active participants in 2024, providing health · dental · vision · life · long-term disability · short-term disability. Insurance premiums totaled $701,175. Insurance brokers and agents were paid $33,843 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.8% of premiums. That is $160 per covered person, below the median for employer plans that report broker pay. Broker pay fell 4.1% from $35,284 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 760722676 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.