Russ Milne Ford Incbenefits
Russ Milne Ford Inc Welfare Benefit Plan · MACOMB, MI · plan year 2024
Russ Milne Ford Inc's benefits plans covered 117 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $851,844. Insurance brokers and agents were paid $74,761 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.8% of premiums. That is $639 per covered person, in the top quarter of employer plans that report broker pay. Brokers were paid 3.4x the $22,102 reported for 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 381612335 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.