Martin Contracting, Inc.benefits
Martin Contracting, Inc. Benefit Plan · RICHMOND, KY · plan year 2025
Martin Contracting, Inc.'s benefits plans covered 344 active participants in 2025, providing health · life · dental · vision · short-term disability · death benefits · other. Insurance premiums totaled $53,038. Insurance brokers and agents were paid $37,278 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 70.3% of premiums. That is $108 per covered person, below the median for employer plans that report broker pay. Broker pay rose 8.3% from $34,431 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.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2025, EIN 455271898 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.