Benjamin Steel Companybenefits
Benjamin Steel Company Employee Benefit Trust · SPRINGFIELD, OH · plan year 2024
Benjamin Steel Company's benefits plans covered 203 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $75,063. Insurance brokers and agents were paid $28,581 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 38.1% of premiums. That is $141 per covered person, below the median for employer plans that report broker pay. Broker pay rose 5.0% from $27,230 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 310853024 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.