Jensen Bridge & Supply Companybenefits
Jensen Bridge & Supply Company Welfare Benefit Plan · SANDUSKY, MI · plan year 2024
Jensen Bridge & Supply Company's benefits plans covered 96 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,171,264. Insurance brokers and agents were paid $51,444 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.4% of premiums. That is $536 per covered person, in the top quarter of employer plans that report broker pay. Brokers were paid 4.4x the $11,804 reported for 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 381645300 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.