Vanguard Fire & Supply Co.benefits
Vanguard Fire & Supply Co., Inc. Et Al, Section 125 Cafeteria Plan · GRAND RAPIDS, MI · plan year 2023
Vanguard Fire & Supply Co.'s benefits plans covered 538 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $500,903. Insurance brokers and agents were paid $293,298 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 58.6% of premiums. That is $545 per covered person, in the top quarter of employer plans that report broker pay.
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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 381967444 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.