General Physician P.C.benefits
General Physician P.C. Welfare Benefit Plan · BUFFALO, NY · plan year 2024
General Physician P.C.'s benefits plans covered 1,101 active participants in 2024, providing health · life · dental · short-term disability · vision · long-term disability · other. Insurance premiums totaled $8,448,715. Insurance brokers and agents were paid $307,968 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.6% of premiums. That is $280 per covered person, above the median for employer plans that report broker pay. Broker pay rose 5.1% from $293,104 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 161460136 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.