Flyhopco LLC dba Bradford Marinebenefits
Flyhopco LLC Life and Disability Plan · FORT LAUDERDALE, FL · plan year 2024
Flyhopco LLC dba Bradford Marine's benefits plans covered 192 active participants in 2024, providing life · short-term disability · long-term disability · other. Insurance premiums totaled $1,670,180. Insurance brokers and agents were paid $101,785 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.1% of premiums. That is $530 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 63% from $62,289 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 832133679 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.