Freres Lumber Co., Inc.benefits
Group Insurance Plan for Freres Lumber Co Inc · LYONS, OR · plan year 2024
Previously filed as Freres Lumber Co. Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.
Freres Lumber Co., Inc.'s benefits plans covered 377 active participants in 2024, providing life · short-term disability · long-term disability. Insurance premiums totaled $4,150,315. Insurance brokers and agents were paid $125,183 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.0% of premiums. That is $332 per covered person, above the median for employer plans that report broker pay. Broker pay rose 19% from $105,331 in 2023.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2024, EIN 930357299 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.