Baker Distributing Corporationbenefits
Baker Distributing Corporation Medical/Hospital and Life Insurance Plan · NORTH CLARENDON, VT · plan year 2024
Baker Distributing Corporation's benefits plans covered 203 active participants in 2024, providing health · life · vision · short-term disability. Insurance premiums totaled $60,904. Insurance brokers and agents were paid $42,840 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 70.3% of premiums. That is $211 per covered person, above the median for employer plans that report broker pay. Broker pay fell 90% from $411,123 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 030215576 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.