9WOOD, Inc.benefits
9WOOD Inc. Welfare Benefit Plan · SPRINGFIELD, OR · plan year 2024
9WOOD, Inc.'s benefits plans covered 179 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $43,703. Insurance brokers and agents were paid $8,834 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 20.2% of premiums. That is $49 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 71% from $30,988 in 2023.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2024, EIN 201421296 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.