The Guidance Centerbenefits
The Guidance Center Welfare Benefit Plan · SOUTHGATE, MI · plan year 2025
The Guidance Center's benefits plans covered 490 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $8,397,142. Insurance brokers and agents were paid $231,665 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.8% of premiums. That is $473 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 12% from $206,230 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 381621700 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.