Troy Design & Manufacturing Co.benefits
Troy Design & Manufacturing Co Employee Benefit Plan · PLYMOUTH, MI · plan year 2025
Troy Design & Manufacturing Co.'s benefits plans covered 570 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $516,072. Insurance brokers and agents were paid $105,128 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 20.4% of premiums. That is $184 per covered person, below the median for employer plans that report broker pay. Broker pay rose 8.9% from $96,545 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 382362912 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.