Altorfer Incbenefits
Altorfer Inc. Health Insurance Plan · CEDAR RAPIDS, IA · plan year 2024
Altorfer Inc's benefits plans covered 1,092 active participants in 2024, providing health · short-term disability · dental · vision · life · death benefits · long-term disability · other. Insurance premiums totaled $103,016. Insurance brokers and agents were paid $96,832 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 94.0% of premiums. That is $89 per covered person, below the median for employer plans that report broker pay. Broker pay fell 14% from $112,299 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 420788540 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.