Project Barfly LLCbenefits
Project Barfly LLC · GRAND RAPIDS, MI · plan year 2024
Project Barfly LLC's benefits plans covered 161 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $40,111. Insurance brokers and agents were paid $9,819 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 24.5% of premiums. That is $61 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 19% from $8,280 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 853164026 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.