Hopephlbenefits
Hopephl Welfare Benefit Plan · PHILADELPHIA, PA · plan year 2024
Hopephl's benefits plans covered 125 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $882,409. Insurance brokers and agents were paid $89,008 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.1% of premiums. That is $712 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 5.9% from $84,064 in 2023.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2024, EIN 232017882 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.