Black Cape Incbenefits
Principal Life Insurance Company · ARLINGTON, VA · plan year 2024
Black Cape Inc's benefits plans covered 163 active participants in 2024, providing vision · life · long-term disability · short-term disability · other · dental. Insurance premiums totaled $144,637. Insurance brokers and agents were paid $34,145 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 23.6% of premiums. That is $209 per covered person, above the median for employer plans that report broker pay. Broker pay rose 16% from $29,314 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 823614228 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.