Arrow Tank & Engineering Company, Inc.benefits
Arrow Tank & Engineering Company, Inc. Welfare Benefit Plan · COON RAPIDS, MN · plan year 2024
Arrow Tank & Engineering Company, Inc.'s benefits plans covered 199 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $159,572. Insurance brokers and agents were paid $13,248 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.3% of premiums. That is $67 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 23% from $10,737 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 411538543 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.