American Management Associationbenefits
American Management Association Employee Benefit Plan · NEW YORK, NY · plan year 2024
American Management Association's benefits plans covered 108 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $715,138. Insurance brokers and agents were paid $35,394 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.9% of premiums. That is $328 per covered person, above the median for employer plans that report broker pay. Broker pay was essentially unchanged from 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 237259445 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.