Devaney Energy, Inc.benefits
Devaney Energy, Inc. Employee Benefit Plan · NEWTON, MA · plan year 2024
Devaney Energy, Inc.'s benefits plans covered 162 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $6,240. Insurance brokers and agents were paid $22,107 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 354.3% of premiums. That is $136 per covered person, below the median for employer plans that report broker pay. Broker pay fell 30% from $31,491 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 042298448 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.