Prein & Newhofbenefits
Prein & Newhof, Inc. Flexible Benefit Plan · GRAND RAPIDS, MI · plan year 2025
Prein & Newhof's benefits plans covered 156 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $141,070. Insurance brokers and agents were paid $116,895 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 82.9% of premiums. That is $749 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 20% from $97,038 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 381891590 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.