Smokers Outlet Management, Inc.benefits
Smoker's Outlet Management, Inc. Health and Welfare Benefit Plans · TROY, MI · plan year 2024
Previously filed as Smokers Outlet Management Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.
Smokers Outlet Management, Inc.'s benefits plans covered 200 active participants in 2024, providing health · life · dental · vision · death benefits. Insurance premiums totaled $1,535,498. Insurance brokers and agents were paid $90,635 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.9% of premiums. That is $453 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 92% from $47,148 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 571158872 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.