Faber, Coe and Gregg Incbenefits
Faber, Coe and Gregg, Inc Group Life Insurance Plan · SECAUCUS, NJ · plan year 2024
Previously filed as Faber Coe and Gregg Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.
Faber, Coe and Gregg Inc's benefits plans covered 210 active participants in 2024, providing health · life. Insurance premiums totaled $442,144. Insurance brokers and agents were paid $48,340 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.9% of premiums. That is $230 per covered person, above the median for employer plans that report broker pay. Broker pay fell 23% from $62,512 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 130690260 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.