McCormick Taylor, Inc.benefits
McCormick Taylor, Inc. Welfare Benefit Plan · PHILADELPHIA, PA · plan year 2025
McCormick Taylor, Inc.'s benefits plans covered 376 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $55,536. Insurance brokers and agents were paid $38,621 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 69.5% of premiums. That is $103 per covered person, below the median for employer plans that report broker pay. Broker pay rose 4.9% from $36,821 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 231683759 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.