Apis Services, Inc.benefits
Apis Services Welfare Benefit Plan · READING, PA · plan year 2024
Apis Services, Inc.'s benefits plans covered 3,434 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $158,812. Insurance brokers and agents were paid $121,445 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 76.5% of premiums. That is $35 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 8.3% from $132,406 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 821809627 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.