Jobs for the Futurebenefits
Jobs for the Future Employee Benefits Plan · BOSTON, MA · plan year 2024
Jobs for the Future's benefits plans covered 309 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $6,507,958. Insurance brokers and agents were paid $200,341 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.1% of premiums. That is $648 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 58% from $126,639 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 061164568 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.