Hope Enterprises, Inc.benefits
Hope Enterprises, Inc. Welfare Benefit Plan · KINGSTON, PA · plan year 2024
Hope Enterprises, Inc.'s benefits plans covered 221 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $22,821. Insurance brokers and agents were paid $7,608 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 33.3% of premiums. That is $34 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 14% from $8,800 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 232303287 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.