Connect Holding II LLC D/B/A Brightspeedbenefits
Carolina Telephone & Telegraph Co. Sickness Death Benefit Plan - Veba · CHARLOTTE, NC · plan year 2024
Connect Holding II LLC D/B/A Brightspeed's benefits plans covered 177 active participants in 2024, providing life · long-term disability · death benefits. Insurance premiums totaled $3,599,245. Insurance brokers and agents were paid $232,005 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.4% of premiums. That is $1,311 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 31% from $177,145 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 873811759 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.