Gibson-Thomas Engineering Companybenefits
Gibson-Thomas Health and Welfare Plan · LATROBE, PA · plan year 2024
Gibson-Thomas Engineering Company's benefits plans covered 146 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,099,403. Insurance brokers and agents were paid $87,387 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.9% of premiums. That is $599 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 12% from $78,206 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 251236871 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.