Gap Solutions, Inc.benefits
Gap Solutions, Inc. · HERNDON, VA · plan year 2024
Gap Solutions, Inc.'s benefits plans covered 744 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $7,576. Insurance brokers and agents were paid $205,204 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2708.6% of premiums. That is $276 per covered person, above the median for employer plans that report broker pay. Broker pay rose 3.7% from $197,971 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 541903817 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.