Ultrafab, Inc.benefits
Ultrafab Inc. Wrap Plan · FARMINGTON, NY · plan year 2025
Ultrafab, Inc.'s benefits plans covered 255 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $2,925,331. Insurance brokers and agents were paid $121,718 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.2% of premiums. That is $477 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 15% from $105,499 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 160984733 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.