Jeff Schmitt Auto Group, Inc.benefits
Jeff Schmitt Auto Group, Inc. Employee Benefit Plan · FAIRBORN, OH · plan year 2024
Jeff Schmitt Auto Group, Inc.'s benefits plans covered 331 active participants in 2024, providing health · life · dental · vision · short-term disability · other. Insurance premiums totaled $96,335. Insurance brokers and agents were paid $41,623 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 43.2% of premiums. That is $126 per covered person, below the median for employer plans that report broker pay. Broker pay was essentially unchanged from 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 310515803 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.