Melwood Horticultural Training Center Inc.benefits
Melwood Horticultural Training Center, Inc. Health & Welfare Plan · UPPER MARLBORO, MD · plan year 2024
Previously filed as Melwood Horticultural Training Center, Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.
Melwood Horticultural Training Center Inc.'s benefits plans covered 1,200 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $377,105. Insurance brokers and agents were paid $234,520 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 62.2% of premiums. That is $195 per covered person, above the median for employer plans that report broker pay. Broker pay fell 27% from $320,089 in 2023.
Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2024, EIN 520857690 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.