Commscope, Inc. of North Carolinabenefits
Commscope Welfare Benefit Plan · CLAREMONT, NC · plan year 2024
Commscope, Inc. of North Carolina's benefits plans covered 4,121 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $3,767,834. Insurance brokers and agents were paid $408,371 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.8% of premiums. That is $99 per covered person, below the median for employer plans that report broker pay. Broker pay fell 13% from $471,852 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 561192364 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.