Belair Instrument Company, LLC dba Avantikbenefits
Belair Instrument Company, LLC Health and Welfare Plan · SPRINGFIELD, NJ · plan year 2024
Belair Instrument Company, LLC dba Avantik's benefits plans covered 248 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $281,746 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,136 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 5.4x the $52,484 reported for 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 465528724 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.