1ST Choice Cabinetry, LLCbenefits
1ST Choice Cabinetry, LLC Employee Benefit Plan · RALEIGH, NC · plan year 2024
1ST Choice Cabinetry, LLC's benefits plans covered 126 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $77,853. Insurance brokers and agents were paid $85,245 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 109.5% of premiums. That is $677 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 92% from $44,466 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 204648511 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.