Cargas Systems Inc.benefits
Cargas Systems, Inc. Employee Benefit Plan · LANCASTER, PA · plan year 2024
Cargas Systems Inc.'s benefits plans covered 160 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $20,571. Insurance brokers and agents were paid $18,091 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 87.9% of premiums. That is $113 per covered person, below the median for employer plans that report broker pay. Broker pay rose 19% from $15,204 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 232668955 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.