Aluma-Weld Inc. dba Xpress Boatsbenefits
Aluma-Weld Inc. dba Xpress Boats Welfare Plan · HOT SPRINGS, AR · plan year 2024
Aluma-Weld Inc. dba Xpress Boats's benefits plans covered 286 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,424,823. Insurance brokers and agents were paid $86,466 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.1% of premiums. That is $302 per covered person, above the median for employer plans that report broker pay. Broker pay rose 4.7% from $82,594 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 710523960 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.