Tgw Systems, Inc.benefits
Tgw Systems Inc. · GRAND RAPIDS, MI · plan year 2024
Tgw Systems, Inc.'s benefits plans covered 251 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $289,551. Insurance brokers and agents were paid $52,213 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 18.0% of premiums. That is $208 per covered person, above the median for employer plans that report broker pay. Broker pay rose 6.0% from $49,259 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 203056285 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.