Genesis Corporationbenefits
Genesis Health and Welfare Benefit Plan · NEW YORK, NY · plan year 2024
Genesis Corporation's benefits plans covered 562 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $55,018. Insurance brokers and agents were paid $91,794 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 166.8% of premiums. That is $163 per covered person, below the median for employer plans that report broker pay. Broker pay fell 15% from $107,642 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 134041496 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.