Spar Marketing Force dba Spar Group, Inc.benefits
Spar Group, Inc. Benefit Welfare Plan · AUBURN HILLS, MI · plan year 2024
Spar Marketing Force dba Spar Group, Inc.'s benefits plans covered 381 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $1,824,812. Insurance brokers and agents were paid $78,274 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.3% of premiums. That is $205 per covered person, above the median for employer plans that report broker pay. Broker pay rose 4.0% from $75,247 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 330684451 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.