Select Genetics, LLCbenefits
Select Genetics, LLC Welfare Benefit Plan · WILLMAR, MN · plan year 2025
Select Genetics, LLC's benefits plans covered 1,356 active participants in 2025, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $366,905. Insurance brokers and agents were paid $40,521 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 11.0% of premiums. That is $30 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 17% from $49,065 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 820682657 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.