Composecure LLCbenefits
Composecure LLC Health and Welfare Plan · SOMERSET, NJ · plan year 2024
Composecure LLC's benefits plans covered 1,043 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $466,171. Insurance brokers and agents were paid $113,471 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 24.3% of premiums. That is $109 per covered person, below the median for employer plans that report broker pay. Broker pay rose 14% from $99,228 in 2023.
Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 223735694 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.