The Macomb Group Incbenefits
The Macomb Group Welfare Benefit Group · STERLING HEIGHTS, MI · plan year 2024
The Macomb Group Inc's benefits plans covered 621 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $5,845,922. Insurance brokers and agents were paid $290,410 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.0% of premiums. That is $468 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 24% from $233,282 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 382156104 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.