Sypris Solutions, Incbenefits
Sypris Solutions, Inc. Health and Welfare Plan · LOUISVILLE, KY · plan year 2025
Sypris Solutions, Inc's benefits plans covered 265 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $18,825. Insurance brokers and agents were paid $8,753 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 46.5% of premiums. That is $33 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 5.7% from $9,280 in 2024.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2025, EIN 611321992 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.