Lamtec Corporationbenefits
Lamtec Corporation Health and Welfare Benefit Plan · MOUNT BETHEL, PA · plan year 2025
Lamtec Corporation's benefits plans covered 285 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $257,685. Insurance brokers and agents were paid $463,104 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 179.7% of premiums. That is $1,625 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 9.3% from $510,860 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 222057138 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.