Ef Services, Inc. F/K/A Ef Educational Exchange, Inc.benefits
Ef Services Employee Health & Welfare Plan · CAMBRIDGE, MA · plan year 2024
Ef Services, Inc. F/K/A Ef Educational Exchange, Inc.'s benefits plans covered 2,522 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $203,973. Insurance brokers and agents were paid $176,302 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 86.4% of premiums. That is $70 per covered person, in the bottom quarter of employer plans that report broker pay. Brokers were paid 3.4x the $51,674 reported for 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 043534772 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.