Charles Barker Luxury Imports, Inc.benefits
Charles Barker Luxury Imports Inc Flexible Benefit Plan · VIRGINIA BEACH, VA · plan year 2024
Charles Barker Luxury Imports, Inc.'s benefits plans covered 65 active participants in 2024, providing health · life · dental · vision · long-term disability. Insurance premiums totaled $45,804. Insurance brokers and agents were paid $24,719 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 54.0% of premiums. That is $380 per covered person, above the median for employer plans that report broker pay. Broker pay fell 29% from $34,657 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 540763954 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.