Progressive Lifestyles Inc.benefits
Progressive Lifestyles Inc. Flexible Benefit Plan · WATERFORD, MI · plan year 2024
Progressive Lifestyles Inc.'s benefits plans covered 189 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $750,890. Insurance brokers and agents were paid $69,515 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.3% of premiums. That is $368 per covered person, above the median for employer plans that report broker pay. Broker pay rose 7.3% from $64,803 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 382455152 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.