McGill Associates, P.A.benefits
McGill Associates Welfare Benefit Plan · ASHEVILLE, NC · plan year 2025
McGill Associates, P.A.'s benefits plans covered 153 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $119,560. Insurance brokers and agents were paid $9,969 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.3% of premiums. That is $65 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 26% from $7,905 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 561396980 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.