Skyspecsbenefits
Skyspecs Health & Welfare Plan · ANN ARBOR, MI · plan year 2024
Skyspecs's benefits plans covered 150 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,101,239. Insurance brokers and agents were paid $32,952 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.0% of premiums. That is $220 per covered person, above the median for employer plans that report broker pay. Broker pay rose 61% from $20,480 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 454982494 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.