Frank L. Blum Construction Company, Inc.benefits
Frank L. Blum Construction Co. Employee Benefits Plan · WINSTON-SALEM, NC · plan year 2024
Frank L. Blum Construction Company, Inc.'s benefits plans covered 251 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $333,155. Insurance brokers and agents were paid $54,319 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 16.3% of premiums. That is $216 per covered person, above the median for employer plans that report broker pay. Broker pay fell 66% from $158,344 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 560613173 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.