Greater Cleveland Food Bankbenefits
Greater Cleveland Food Bank Welfare Benefit Plan · CLEVELAND, OH · plan year 2024
Greater Cleveland Food Bank's benefits plans covered 186 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $5,334,706. Insurance brokers and agents were paid $289,429 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.4% of premiums. That is $1,556 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 175% from $105,135 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 341292848 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.