Long-Lewis of the Shoals, Inc.benefits
Long-Lewis of the Shoals, Inc. Health and Welfare Plan · FLORENCE, AL · plan year 2024
Long-Lewis of the Shoals, Inc.'s benefits plans covered 817 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $3,554,658. Insurance brokers and agents were paid $353,192 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.9% of premiums. That is $432 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 13% from $312,051 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 631171028 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.