Wolverine Power Supply Cooperative, Inc.benefits

Wolverine Power Supply Cooperative, Inc.'s benefits plans covered 182 active participants in 2025, providing health · dental · vision. Insurance premiums totaled $3,645,423. Insurance brokers and agents were paid $171,940 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.7% of premiums. That is $945 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 6.2x the $27,861 reported for 2024.