Insurance Partners Agency, Inc.benefits
Insurance Partners Agency Ancillary Welfare Benefit Plans · WESTLAKE, OH · plan year 2024
Insurance Partners Agency, Inc.'s benefits plans covered 216 active participants in 2024, providing life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $237,348. Insurance brokers and agents were paid $18,858 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.9% of premiums. That is $87 per covered person, below the median for employer plans that report broker pay. Broker pay fell 73% from $70,925 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 341056653 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.