Becket & Leebenefits
Becket & Lee, LLP Flexible Benefits Plan · MALVERN, PA · plan year 2024
Becket & Lee's benefits plans covered 115 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,395,368. Insurance brokers and agents were paid $92,797 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.7% of premiums. That is $807 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 24% from $121,375 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 232590912 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.