World Tek Industriesbenefits
World Tek Industries Welfare Benefit · ROMULUS, MI · plan year 2025
World Tek Industries's benefits plans covered 106 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,285,163. Insurance brokers and agents were paid $79,233 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.2% of premiums. That is $747 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 39% from $129,829 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 273930872 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.