Human Development Commissionbenefits
Human Development Commission Welfare Plan · CARO, MI · plan year 2024
Human Development Commission's benefits plans covered 117 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $988,616. Insurance brokers and agents were paid $60,064 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.1% of premiums. That is $513 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 3.4% from $58,084 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 381792679 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.