Rafih Auto Groupbenefits
Rafih Auto Group Health and Welfare Benefit Plan · ROCHESTER HILLS, MI · plan year 2024
Rafih Auto Group's benefits plans covered 189 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits. Insurance premiums totaled $2,108,465. Insurance brokers and agents were paid $117,868 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.6% of premiums. That is $624 per covered person, in the top quarter of employer plans that report broker pay. Brokers were paid 7.8x the $15,045 reported for 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 862353183 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.