M R Williams Incbenefits
M R Williams Inc Employee Benefit Plan · HENDERSON, NC · plan year 2024
Previously filed as M. R. Williams, Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.
M R Williams Inc's benefits plans covered 304 active participants in 2024, providing life · short-term disability · long-term disability · other. Insurance premiums totaled $305,455. Insurance brokers and agents were paid $78,116 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 25.6% of premiums. That is $257 per covered person, above the median for employer plans that report broker pay. Broker pay rose 147% from $31,685 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 561130993 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.