Bil-Jac Foods Inc.benefits
Bil-Jac Foods Inc. Group Benefit Plan · MEDINA, OH · plan year 2024
Bil-Jac Foods Inc.'s benefits plans covered 165 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $33,911. Insurance brokers and agents were paid $19,054 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 56.2% of premiums. That is $115 per covered person, below the median for employer plans that report broker pay. Broker pay fell 69% from $62,138 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 340703818 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.