Lutco, Inc.benefits
Lutco Welfare & Benefit Plan · WORCESTER, MA · plan year 2025
Lutco, Inc.'s benefits plans covered 108 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $62,879. Insurance brokers and agents were paid $19,563 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 31.1% of premiums. That is $181 per covered person, below the median for employer plans that report broker pay. Broker pay fell 71% from $67,563 in 2024.
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 2025, EIN 042015830 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.