Gordon Chevrolet, Inc.benefits
The Colonial Automotive Group Employee Benefit Plan · ACTON, MA · plan year 2024
Gordon Chevrolet, Inc.'s benefits plans covered 457 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $5,985,382. Insurance brokers and agents were paid $177,108 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.0% of premiums. That is $388 per covered person, above the median for employer plans that report broker pay. Broker pay rose 5.0% from $168,602 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 043165739 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.