The Fourmidable Group, Inc.benefits
Fourmidable Group Employee Benefit Plan · BINGHAM FARMS, MI · plan year 2025
The Fourmidable Group, Inc.'s benefits plans covered 165 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $919,070. Insurance brokers and agents were paid $76,515 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.3% of premiums. That is $464 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 5.2% from $72,716 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 382072583 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.