Global Companies LLCbenefits
Global Companies LLC Welfare Benefit Plan · WALTHAM, MA · plan year 2024
Global Companies LLC's benefits plans covered 2,210 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $132,934. Insurance brokers and agents were paid $107,563 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 80.9% of premiums. That is $49 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 57% from $250,917 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 043443029 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.