McDonald Hopkins LLCbenefits
McDonald Hopkins LLC Employees' Flexible Fringe Benefit Plan · CLEVELAND, OH · plan year 2025
McDonald Hopkins LLC's benefits plans covered 318 active participants in 2025, providing health · life · short-term disability · long-term disability. Insurance premiums totaled $4,400,572. Insurance brokers and agents were paid $126,214 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.9% of premiums. That is $397 per covered person, above the median for employer plans that report broker pay. Broker pay rose 5.8% from $119,297 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 341059058 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.