Landers Ford Incbenefits
Landers Ford Section 125 Benefit Plan · COLLIERVILLE, TN · plan year 2024
Landers Ford Inc's benefits plans covered 233 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $682,147. Insurance brokers and agents were paid $286,311 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 42.0% of premiums. That is $1,229 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 10.0% from $260,393 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 621786911 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.