Foundcare, Inc.benefits
Foundcare, Inc. Welfare Benefits Plan · WEST PALM BEACH, FL · plan year 2024
Foundcare, Inc.'s benefits plans covered 228 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $1,525,906. Insurance brokers and agents were paid $116,716 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.6% of premiums. That is $512 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 10% from $129,695 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 542083748 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.