Laguna Development Corporationbenefits
Laguna Development Corporation Welfare Benefit Plan · ALBUQUERQUE, NM · plan year 2024
Laguna Development Corporation's benefits plans covered 834 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $2,030,953. Insurance brokers and agents were paid $215,546 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 10.6% of premiums. That is $258 per covered person, above the median for employer plans that report broker pay. Broker pay fell 67% from $656,478 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 850459475 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.