Cummins Construction Co., Inc.benefits
Cummins Construction Co., Inc. Welfare Benefit Pla · ENID, OK · plan year 2024
Cummins Construction Co., Inc.'s benefits plans covered 140 active participants in 2024, providing health · life · dental · vision · short-term disability · other. Insurance premiums totaled $128,822. Insurance brokers and agents were paid $107,778 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 83.7% of premiums. That is $770 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 5.5% from $102,126 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 730626847 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.