Henricksen & Company Incbenefits
Henricksen Fringe Benefits Plan · ITASCA, IL · plan year 2024
Henricksen & Company Inc's benefits plans covered 346 active participants in 2024, providing health · life · dental · vision · long-term disability · other · short-term disability. Insurance premiums totaled $591,093. Insurance brokers and agents were paid $170,909 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 28.9% of premiums. That is $494 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 11% from $191,929 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 362649935 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.