Denton County Electric Coop, Inc. dba Coserv Electricbenefits
Coserv Electric Group Health Benefit Plan · CORINTH, TX · plan year 2024
Denton County Electric Coop, Inc. dba Coserv Electric's benefits plans covered 550 active participants in 2024, providing health · life · dental · long-term disability · death benefits. Insurance premiums totaled $7,365,999. Insurance brokers and agents were paid $380,885 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.2% of premiums. That is $693 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 16% from $328,180 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 750233075 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.