Saker Shoprites Inc.benefits
Saker Shoprites Inc Health and Welfare Plan for Full-Time Employees · HOLMDEL, NJ · plan year 2025
Previously filed as Saker Shoprites, Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.
Saker Shoprites Inc.'s benefits plans covered 470 active participants in 2025, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $331,927. Insurance brokers and agents were paid $72,581 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 21.9% of premiums. That is $154 per covered person, below the median for employer plans that report broker pay. Broker pay fell 8.0% from $78,933 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 221729304 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.