Methodist Children's Home Societybenefits
Methodist Children's Home Society Health & Welfare Benefits Plan · REDFORD, MI · plan year 2024
Methodist Children's Home Society's benefits plans covered 127 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $51,204. Insurance brokers and agents were paid $30,641 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 59.8% of premiums. That is $241 per covered person, above the median for employer plans that report broker pay. Broker pay fell 45% from $55,804 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 381240951 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.