Baxters North America, Inc.benefits
Baxters North America,Inc. Section 125 Flexible Benefits Plan · CINCINNATI, OH · plan year 2024
Baxters North America, Inc.'s benefits plans covered 696 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $236,731. Insurance brokers and agents were paid $46,685 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 19.7% of premiums. That is $67 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 91% from $24,401 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 300225741 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.