Summit Automotive Management Incbenefits
Summit Automotive Management Inc Welfare Benefit Plan · AUBURN HILLS, MI · plan year 2025
Summit Automotive Management Inc's benefits plans covered 112 active participants in 2025, providing health · life · dental · vision · short-term disability · other. Insurance premiums totaled $46,871. Insurance brokers and agents were paid $41,012 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 87.5% of premiums. That is $366 per covered person, above the median for employer plans that report broker pay. Broker pay fell 12% from $46,411 in 2024.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2025, EIN 831186380 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.