Educators Mutual Insurance Associationbenefits
Educators Mutual Insurance Assc of Utah Welfare Benefit Plan · MURRAY, UT · plan year 2024
Educators Mutual Insurance Association's benefits plans covered 233 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $1,744,160. Insurance brokers and agents were paid $8,837 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.5% of premiums. That is $38 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 4.4% from $9,246 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 870189237 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.