Fourgen Holdings, Incbenefits
Fourgen Holdings, Inc Health and Welfare Plan · OAK BROOK, IL · plan year 2024
Fourgen Holdings, Inc's benefits plans covered 134 active participants in 2024, providing life · long-term disability · death benefits. Insurance premiums totaled $170,051. Insurance brokers and agents were paid $102,140 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 60.1% of premiums. That is $762 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 10.5x the $9,744 reported for 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 843688753 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.