Doran Companies, LLCbenefits
Doran Companies, LLC Health and Welfare Benefit Plan · BLOOMINGTON, MN · plan year 2024
Doran Companies, LLC's benefits plans covered 87 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $69,542. Insurance brokers and agents were paid $59,485 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 85.5% of premiums. That is $684 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 22% from $76,271 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 208494338 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.