Anchor Tool & Die Companybenefits
Anchor Tool & Die Company Benefit Plan · CLEVELAND, OH · plan year 2024
Anchor Tool & Die Company's benefits plans covered 113 active participants in 2024, providing health · life · dental · short-term disability · long-term disability. Insurance premiums totaled $44,055. Insurance brokers and agents were paid $59,079 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 134.1% of premiums. That is $523 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 8.2% from $64,344 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 341053608 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.