Advanced Flexible Compositesbenefits
Afc Materials (Advanced Flexible Composites, Inc.) Wrap Benefit Plan · LAKE IN THE HILLS, IL · plan year 2023
Advanced Flexible Composites's benefits plan covered 102 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $127,282. Insurance brokers and agents were paid $71,607 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 56.3% of premiums. That is $702 per covered person, in the top 10% of employer plans that report broker pay.
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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 363580228 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.