Wayne Wire Cloth Products Inc.benefits
Wayne Wire Cloth Products Group Benefit Plan · KALKASKA, MI · plan year 2025
Previously filed as Wayne Wire Cloth Products, Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.
Wayne Wire Cloth Products Inc.'s benefits plans covered 179 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $1,626,385. Insurance brokers and agents were paid $37,940 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.3% of premiums. That is $212 per covered person, above the median for employer plans that report broker pay. Broker pay fell 43% from $67,104 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 381208983 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.