Scott Group Studiobenefits
Scott Group Custom Carpets, LLC Employee Benefit Plan · GRAND RAPIDS, MI · plan year 2025
Scott Group Studio's benefits plans covered 214 active participants in 2025, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $2,276,519. Insurance brokers and agents were paid $82,214 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.6% of premiums. That is $384 per covered person, above the median for employer plans that report broker pay. Brokers were paid 4.9x the $16,782 reported for 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 464230249 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.