Atlantic Telephone Membership Corporationbenefits
Atlantic Telephone Membership Corporation Retiree Welfare Benefit Plan Trust · SHALLOTTE, NC · plan year 2024
Atlantic Telephone Membership Corporation's benefits plans covered 187 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $949,391. Insurance brokers and agents were paid $457,864 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 48.2% of premiums. That is $2,448 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 23% from $370,763 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 208662055 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.