Impact Mailing of Minnesota, Inc.benefits
Impact Mailing of Minnesota Health and Welfare Benefit Plan · MINNEAPOLIS, MN · plan year 2024
Impact Mailing of Minnesota, Inc.'s benefits plans covered 240 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $117,334. Insurance brokers and agents were paid $47,414 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 40.4% of premiums. That is $198 per covered person, above the median for employer plans that report broker pay. Broker pay rose 1.1% from $46,884 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 411642309 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.