Vec (USA), Inc.benefits
Van Eerden Umbrella Welfare Benefit Plan · GRAND RAPIDS, MI · plan year 2025
Vec (USA), Inc.'s benefits plans covered 713 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $32,330. Insurance brokers and agents were paid $156,087 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 482.8% of premiums. That is $219 per covered person, above the median for employer plans that report broker pay. Broker pay rose 13% from $137,633 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 382892156 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.