Family Ford, Inc. dba Brandon Fordbenefits
Family Ford Inc. dba Brandon Ford Benefit Plan · TAMPA, FL · plan year 2024
Family Ford, Inc. dba Brandon Ford's benefits plans covered 270 active participants in 2024, providing health · life · dental · vision · death benefits. Insurance premiums totaled $2,221,195. Insurance brokers and agents were paid $120,456 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.4% of premiums. That is $446 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 3.4% from $116,471 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 593043050 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.