Accord Marketing & Management, Inc.benefits
Accord Marketing & Management, Inc Life and Accidental Death and Dismemberment Plan · LEES SUMMIT, MO · plan year 2024
Previously filed as Accord Marketing and Management, Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.
Accord Marketing & Management, Inc.'s benefits plans covered 80 active participants in 2024, providing life · death benefits. Insurance premiums totaled $1,337. Insurance brokers and agents were paid $3,416 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 255.5% of premiums. That is $43 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 99% from $399,019 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 454957417 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.