Biltmore Workforce Management, LLCbenefits
The Biltmore Company Welfare Benefit Plan · ASHEVILLE, NC · plan year 2024
Biltmore Workforce Management, LLC's benefits plans covered 795 active participants in 2024, providing health · life · vision · short-term disability · long-term disability · other. Insurance premiums totaled $788,686. Insurance brokers and agents were paid $28,790 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.7% of premiums. That is $36 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 20% from $23,893 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 473797737 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.