Minute Men, Inc.benefits
Minute Men, Inc., Health and Welfare Plan · CLEVELAND, OH · plan year 2024
Broker compensation reported · 2024
$233,604
Minute Men, Inc.'s benefits plans covered 189 active participants in 2024, providing health · life. Insurance premiums totaled $8,159,508. Insurance brokers and agents were paid $233,604 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 $1,236 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 104% from $114,366 in 2023.
Insurance contracts · 20244
MEDICAL MUTUAL · health drug$4.1M · 192 covered
MEDICAL MUTUAL · health drug$4.1M · 189 covered
MEDMUTUAL LIFE · lifepremiums n/a · 188 covered
MEDICAL MUTUAL LIFE · lifepremiums n/a · 977 covered
Brokers & agents paid · 20241
MINUTE MEN HR INSURANCE AGENCY LLC$233,604 · incl $109,235 fees
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 341018465 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.