Sturgis Molded Products Companybenefits

Sturgis Molded Products Company's benefits plans covered 180 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,531,579. Insurance brokers and agents were paid $57,741 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 $321 per covered person, above the median for employer plans that report broker pay. Broker pay rose 26% from $45,921 in 2024.