Jensen Hughes, Inc.benefits
Jensen Hughes, Inc. Health & Welfare Plan · COLUMBIA, MD · plan year 2024
Jensen Hughes, Inc.'s benefits plans covered 834 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $92,841. Insurance brokers and agents were paid $128,605 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 138.5% of premiums. That is $154 per covered person, below the median for employer plans that report broker pay. Broker pay fell 8.5% from $140,588 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 521199515 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.