Brycon Corporationbenefits
Brycon Corporation Wrapper Plan · RIO RANCHO, NM · plan year 2024
Brycon Corporation's benefits plans covered 1,045 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $5,233,460. Insurance brokers and agents were paid $276,696 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.3% of premiums. That is $265 per covered person, above the median for employer plans that report broker pay. Broker pay rose 4.0% from $265,934 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 850383294 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.