Renkim Corporationbenefits
Renkim Corporation Employee Benefits Plan · SOUTHGATE, MI · plan year 2025
Renkim Corporation's benefits plans covered 167 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,541,506. Insurance brokers and agents were paid $69,063 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.5% of premiums. That is $414 per covered person, above the median for employer plans that report broker pay. Broker pay rose 7.2% from $64,452 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 382421198 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.