Bearings & Drives Unlimited, Inc.benefits
Bearings & Drives Unlimited Inc. Welfare Benefit Plan · SOUDERTON, PA · plan year 2024
Bearings & Drives Unlimited, Inc.'s benefits plans covered 212 active participants in 2024, providing health · life · dental · vision · short-term disability. Insurance brokers and agents were paid $31,749 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $150 per covered person, below the median for employer plans that report broker pay. Broker pay rose 37% from $23,226 in 2023.
Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 232068531 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.