Concurrent Technologies Corporationbenefits
The Welfare Plan for the Employees of Concurrent Technologies Corporation · JOHNSTOWN, PA · plan year 2025
Concurrent Technologies Corporation's benefits plans covered 460 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $856,145. Insurance brokers and agents were paid $16,413 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.9% of premiums. That is $36 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 63% from $44,696 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 251556708 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.