Air Master Awningbenefits
Air Master Awning · BARCELONETA, PR · plan year 2024
Broker compensation reported · 2024
$1,133,134
Air Master Awning's benefits plans covered 260 active participants in 2024, providing health · dental · life · long-term disability. Insurance premiums totaled $551,153. Insurance brokers and agents were paid $1,133,134 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 205.6% of premiums. That is $4,358 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 2.4% from $1,160,536 in 2023.
Insurance contracts · 20241
MCS LIFE INSURANCE COMPANY · health drug dental vision life ppo$551K · 260 covered
Brokers & agents paid · 20242
OLYMPIC AGENCY INC$576,525 · incl $25,372 fees
CGF INSURANCE LLC$556,609 · incl $5,456 fees
Also brokered by Olympic Agency Inc5
First Bank Puerto Rico PR$7,884,329
First Bank Florida Welfare Benefits FL$1,829,919
Luis Ayala Colon PR$1,474,338
Empresas Fonalledas Inc PR$324,429
Pan American Grain Manufacturing Co Inc PR$114,598
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 660326531 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.