Ika Works, Inc.benefits
Ika Works, Inc. Health and Welfare Plan · WILMINGTON, NC · plan year 2025
Ika Works, Inc.'s benefits plans covered 89 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $64,749. Insurance brokers and agents were paid $25,494 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 39.4% of premiums. That is $286 per covered person, above the median for employer plans that report broker pay. Broker pay fell 0.6% from $25,659 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 311146959 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.