General Floor Industries, Inc.benefits
General Floor Industries Health and Welfare Benefits Plan · BELLMAWR, NJ · plan year 2024
General Floor Industries, Inc.'s benefits plans covered 102 active participants in 2024, providing health · life · dental · vision · short-term disability · other. Insurance premiums totaled $8,759. Insurance brokers and agents were paid $8,296 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 94.7% of premiums. That is $81 per covered person, below the median for employer plans that report broker pay. Broker pay fell 65% from $23,432 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 223210125 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.