Erving Industries, Inc.benefits
Group Life Insurance and Add · ERVING, MA · plan year 2024
Broker compensation reported · 2024
$2,455
Erving Industries, Inc.'s benefits plans covered 183 active participants in 2024, providing life · death benefits. Insurance premiums totaled $30,547. Insurance brokers and agents were paid $2,455 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.0% of premiums. That is $13 per covered person, in the bottom quarter of employer plans that report broker pay.
Insurance contracts · 20241
STANDARD INSURANCE COMPANY · life$31K · 183 covered
Brokers & agents paid · 20241
CRONIN GERVINO & WARLICK, INC$2,455 · incl $350 fees
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 041291330 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.