Fusion 92benefits
Fusion 92 Health and Welfare Plan · CHICAGO, IL · plan year 2024
Fusion 92's benefits plans covered 249 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $2,639,720. Insurance brokers and agents were paid $221,269 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.4% of premiums. That is $889 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 113% from $103,766 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 364293694 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.