Lpm Holding Company, Inc.benefits
Lpm Holdings & Affiliates Employee Benefits Plan · BOSTON, MA · plan year 2024
Previously filed as Lpm Holding Company, Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.
Lpm Holding Company, Inc.'s benefits plans covered 121 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · other. Insurance premiums totaled $1,168,773. Insurance brokers and agents were paid $53,692 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.6% of premiums. That is $444 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 23% from $70,022 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 042273500 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.