Suspa Incorporatedbenefits
Health Benefit Plan for Suspa, Inc. · GRAND RAPIDS, MI · plan year 2024
Suspa Incorporated's benefits plans covered 151 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $126,544. Insurance brokers and agents were paid $27,755 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 21.9% of premiums. That is $184 per covered person, below the median for employer plans that report broker pay. Broker pay fell 1.7% from $28,230 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 382062153 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.