Berkshire Group, LLCbenefits
Berkshire Group, LLC Health and Welfare Benefit Plan · BOSTON, MA · plan year 2024
Berkshire Group, LLC's benefits plans covered 748 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $441,069. Insurance brokers and agents were paid $34,841 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.9% of premiums. That is $47 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 33% from $52,362 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 161758404 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.