Adams Construction Companybenefits
Adams Construction Company Health and Welfare Plan · ROANOKE, VA · plan year 2024
Adams Construction Company's benefits plans covered 212 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $129,602. Insurance brokers and agents were paid $65,096 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 50.2% of premiums. That is $307 per covered person, above the median for employer plans that report broker pay. Broker pay fell 4.3% from $68,018 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 541325812 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.