Iat Insurance Group Inc.benefits
Health Care Plan of the Employees of Iat Insurance Group Inc · RALEIGH, NC · plan year 2024
Iat Insurance Group Inc.'s benefits plans covered 829 active participants in 2024, providing health · life · dental · death benefits. Insurance premiums totaled $543,222. Insurance brokers and agents were paid $229,355 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 42.2% of premiums. That is $277 per covered person, above the median for employer plans that report broker pay. Broker pay rose 34% from $171,734 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 561171691 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.