The Forbes Company, LLCbenefits
The Forbes Company Employee Benefit Plan · SOUTHFIELD, MI · plan year 2024
The Forbes Company, LLC's benefits plans covered 298 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $1,494,953. Insurance brokers and agents were paid $65,685 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.4% of premiums. That is $220 per covered person, above the median for employer plans that report broker pay. Broker pay was essentially unchanged from 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 383441715 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.