Capital Funding Group Inc.benefits
Capital Funding Group Health Plan · BALTIMORE, MD · plan year 2024
Capital Funding Group Inc.'s benefits plans covered 336 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $247,293. Insurance brokers and agents were paid $175,774 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 71.1% of premiums. That is $523 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 23% from $143,431 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 521815281 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.