Lowers Risk Group, LLCbenefits
Lowers Risk Group, LLC Welfare Benefit Plan · PURCELLVILLE, VA · plan year 2023
Lowers Risk Group, LLC's benefits plan covered 76 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $44,763. Insurance brokers and agents were paid $36,758 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 82.1% of premiums. That is $484 per covered person, in the top quarter of employer plans that report broker pay.
Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.
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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 455167090 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.