Medic, Inc.benefits
Medic Inc. Health and Welfare · KNOXVILLE, TN · plan year 2025
Previously filed as Medic Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.
Medic, Inc.'s benefits plans covered 132 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $58,629. Insurance brokers and agents were paid $67,338 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 114.9% of premiums. That is $510 per covered person, in the top quarter of employer plans that report broker pay. Brokers were paid 3.5x the $19,248 reported for 2024.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2025, EIN 620598756 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.