Compsych Management Corporationbenefits
Compsych Management Corporation Welfare Benefit Plan · CHICAGO, IL · plan year 2024
Compsych Management Corporation's benefits plans covered 1,048 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $64,449. Insurance brokers and agents were paid $96,766 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 150.1% of premiums. That is $92 per covered person, below the median for employer plans that report broker pay. Broker pay fell 51% from $196,358 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 363739782 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.