Covenant Community Carebenefits
Covenant Community Care Health & Welfare Plan · DETROIT, MI · plan year 2024
Covenant Community Care's benefits plans covered 127 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $803,607. Insurance brokers and agents were paid $66,786 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.3% of premiums. That is $526 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 7.5% from $72,227 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 383533998 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.