Answernet, Inc.benefits
Answernet, Inc. Employee Benefit Plan · HORSHAM, PA · plan year 2024
Answernet, Inc.'s benefits plans covered 296 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $667,275. Insurance brokers and agents were paid $70,151 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.5% of premiums. That is $237 per covered person, above the median for employer plans that report broker pay. Broker pay fell 38% from $114,005 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 232967465 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.