Atlantic Corporation of Wilmington, Inc.benefits
Atlantic Corporation of Wilmington, Inc. Flexible Ben Plan · WILMINGTON, NC · plan year 2024
Atlantic Corporation of Wilmington, Inc.'s benefits plans covered 992 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $569,105. Insurance brokers and agents were paid $381,862 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 67.1% of premiums. That is $385 per covered person, above the median for employer plans that report broker pay. Broker pay rose 2.9% from $371,177 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 560797402 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.