Control Point Associates, Inc.benefits
Control Point Associates Health & Welfare Plan · WARREN, NJ · plan year 2024
Control Point Associates, Inc.'s benefits plans covered 179 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $337,804. Insurance brokers and agents were paid $423,297 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 125.3% of premiums. That is $2,365 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 3.6x the $117,476 reported for 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 223174930 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.