Good Shepherd Communities Welfare Benefits Planbenefits
Good Shepherd Communities Welfare Benefits Plan · BINGHAMTON, NY · plan year 2024
Good Shepherd Communities Welfare Benefits Plan's benefits plans covered 135 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,773,518. Insurance brokers and agents were paid $81,941 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.6% of premiums. That is $607 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 16% from $70,489 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 161256975 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.