Rockwell Medical Inc.benefits
Rockwell Medical Employee Benefit Plan · WIXOM, MI · plan year 2024
Rockwell Medical Inc.'s benefits plans covered 198 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,086,655. Insurance brokers and agents were paid $106,896 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.8% of premiums. That is $540 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 21% from $88,024 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 383317208 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.