Allied Beverage Group, L.L.C.benefits
Allied Beverage Group, LLC, Group Insurance Plan · ELIZABETH, NJ · plan year 2024
Allied Beverage Group, L.L.C.'s benefits plans covered 663 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $2,366,716. Insurance brokers and agents were paid $107,578 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.5% of premiums. That is $162 per covered person, below the median for employer plans that report broker pay. Brokers were paid 3.9x the $27,942 reported for 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 223408559 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.