H. O. Weaver and Sons, Inc.benefits
H. O. Weaver & Sons, Inc. Health and Welfare Plan · MOBILE, AL · plan year 2024
H. O. Weaver and Sons, Inc.'s benefits plans covered 185 active participants in 2024, providing health · life · dental · short-term disability · long-term disability. Insurance premiums totaled $1,459,788. Insurance brokers and agents were paid $7,625 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.5% of premiums. That is $41 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 26% from $10,270 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 630567634 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.