Bacon Farmer Workman Engineering & Testing , Inc.benefits
Bacon Farmer Workman Engineering & Testing, Inc. Health and Welfare Benefit Plan · PADUCAH, KY · plan year 2024
Bacon Farmer Workman Engineering & Testing , Inc.'s benefits plans covered 174 active participants in 2024, providing health · life · vision · dental · long-term disability · other. Insurance premiums totaled $91,058. Insurance brokers and agents were paid $51,348 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 56.4% of premiums. That is $295 per covered person, above the median for employer plans that report broker pay. Broker pay rose 13% from $45,422 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 611310314 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.