Lrk Inc.benefits
Lrk, Inc. Health & Welfare Plan · MEMPHIS, TN · plan year 2024
Lrk Inc.'s benefits plans covered 111 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $107,668. Insurance brokers and agents were paid $17,358 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 16.1% of premiums. That is $156 per covered person, below the median for employer plans that report broker pay. Broker pay rose 2.2% from $16,987 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 272257638 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.