Anchor Insulation Companybenefits
Anchor Insulation Company Employee Benefit Plan · PAWTUCKET, RI · plan year 2024
Anchor Insulation Company's benefits plans covered 137 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $61,473. Insurance brokers and agents were paid $46,796 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 76.1% of premiums. That is $342 per covered person, above the median for employer plans that report broker pay. Broker pay fell 6.4% from $50,019 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 050390251 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.