Bunn-O-Matic Corporationbenefits
Bunn-O-Matic Corporation Welfare Benefit Plan · SPRINGFIELD, IL · plan year 2024
Bunn-O-Matic Corporation's benefits plans covered 1,088 active participants in 2024, providing health · life · dental · vision · long-term disability · other · death benefits. Insurance premiums totaled $129,123. Insurance brokers and agents were paid $80,254 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 62.2% of premiums. That is $74 per covered person, below the median for employer plans that report broker pay. Broker pay fell 23% from $104,566 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 370840805 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.