Life Inc.benefits
Employee Benefit Plan of Life Inc. · GOLDSBORO, NC · plan year 2024
Broker compensation reported · 2024
$1,163
Life Inc.'s benefits plans covered 134 active participants in 2024, providing health · life · other. Insurance premiums totaled $165,618. Insurance brokers and agents were paid $1,163 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.7% of premiums. That is $9 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 8.1% from $1,266 in 2023.
Insurance contracts · 20242
BLUE CROSS AND BLUE SHIELD OF NORTH CAROLINA · health drug stop-loss ppo$166K · 134 covered
USABLE LIFE · lifepremiums n/a · 129 covered
Brokers & agents paid · 20242
EBENCONCEPTS COMPANY$814 · incl $116 fees
MOSAIC GROUP$349
Also brokered by Ebenconcepts Company5
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 561612948 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.