Bericap Sc, LLC (Formerly Bericap, LLC)benefits
Bericap Health & Welfare Benefit Plan · COWPEN, SC · plan year 2024
Bericap Sc, LLC (Formerly Bericap, LLC)'s benefits plans covered 154 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $2,247,464. Insurance brokers and agents were paid $132,227 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.9% of premiums. That is $859 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 23% from $107,181 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 352309666 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.