Biotage, LLCbenefits
Biotage LLC Health and Welfare Plan · CHARLOTTE, NC · plan year 2025
Biotage, LLC's benefits plans covered 110 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $113,477. Insurance brokers and agents were paid $65,427 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 57.7% of premiums. That is $595 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 26% from $88,142 in 2024.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2025, EIN 043535072 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.