Burke Distributing Co. LLCbenefits
Burke Distributing Co. LLC Welfare Benefits Plan · RANDOLPH, MA · plan year 2024
Burke Distributing Co. LLC's benefits plans covered 131 active participants in 2024, providing health · life · dental · long-term disability · death benefits. Insurance premiums totaled $1,575,510. Insurance brokers and agents were paid $59,970 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.8% of premiums. That is $458 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 4.5% from $57,413 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 042646090 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.