Rockford Construction Companybenefits
Rockford Construction Company Health & Benefits Plan · GRAND RAPIDS, MI · plan year 2024
Rockford Construction Company's benefits plans covered 262 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $173,459. Insurance brokers and agents were paid $131,743 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 76.0% of premiums. That is $503 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 13% from $116,387 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 382774810 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.