Coadvantage Resources Incbenefits
Coadvantage Resources Inc Group Benefit Plan · BRADENTON, FL · plan year 2024
Previously filed as Coadvantage Resources Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.
Coadvantage Resources Inc's benefits plans covered 48,553 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other · death benefits. Insurance premiums totaled $128,379,707. Insurance brokers and agents were paid $5,435,970 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.2% of premiums. That is $112 per covered person, below the median for employer plans that report broker pay. Broker pay fell 3.6% from $5,636,966 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 593434670 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.