Pressure Vessel Service, Inc.benefits
Pressure Vessel Service, Inc Welfare Benefits Plan · DETROIT, MI · plan year 2025
Pressure Vessel Service, Inc.'s benefits plans covered 1,000 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $14,247,611. Insurance brokers and agents were paid $516,155 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.6% of premiums. That is $516 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 72% from $300,804 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 381226669 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.