Star Cutter Companybenefits
Star Cutter Company Employee Benefit Plan · FARMINGTON HILLS, MI · plan year 2025
Star Cutter Company's benefits plans covered 387 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $4,296,747. Insurance brokers and agents were paid $162,200 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.8% of premiums. That is $419 per covered person, above the median for employer plans that report broker pay. Broker pay was essentially unchanged from 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 381325280 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.