Commonwealth Associates Incbenefits
Commonwealth Associates Insurance Plan · JACKSON, MI · plan year 2024
Previously filed as Commonwealth Associates Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.
Commonwealth Associates Inc's benefits plans covered 769 active participants in 2024, providing dental · life · short-term disability · long-term disability. Insurance premiums totaled $2,254,909. Insurance brokers and agents were paid $105,929 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.7% of premiums. That is $138 per covered person, below the median for employer plans that report broker pay. Broker pay fell 24% from $139,310 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 382809676 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.