Vq, Inc.benefits
Tommy Car Wash System Employee Benefit Plan · HOLLAND, MI · plan year 2024
Vq, Inc.'s benefits plans covered 409 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $161,385. Insurance brokers and agents were paid $39,594 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 24.5% of premiums. That is $97 per covered person, below the median for employer plans that report broker pay. Broker pay fell 1.4% from $40,165 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 383388981 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.