Hughes Brothers Constructionbenefits
Hughes Brothers Construction Welfare Benefit Plan · WILDWOOD, FL · plan year 2024
Hughes Brothers Construction's benefits plans covered 374 active participants in 2024, providing health · dental · vision · short-term disability · other. Insurance premiums totaled $1,392,100. Insurance brokers and agents were paid $150,866 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.8% of premiums. That is $403 per covered person, above the median for employer plans that report broker pay. Broker pay rose 30% from $115,617 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 300715911 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.