Mayco Holdings, LLCbenefits
Mayco Non-Union Health & Welfare Plan · BIRMINGHAM, AL · plan year 2024
Mayco Holdings, LLC's benefits plans covered 171 active participants in 2024, providing health · dental · vision · other · life · short-term disability · long-term disability. Insurance premiums totaled $2,097,411. Insurance brokers and agents were paid $88,190 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.2% of premiums. That is $516 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 31% from $128,161 in 2023.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2024, EIN 472270520 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.