James Hamilton Construction Co.benefits
James Hamilton Construction Co. Group Insurance Trust · SILVER CITY, NM · plan year 2024
James Hamilton Construction Co.'s benefits plans covered 129 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · other · vision. Insurance premiums totaled $1,420,575. Insurance brokers and agents were paid $59,663 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.2% of premiums. That is $463 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 18% from $50,574 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 850139360 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.