Monumental Management Inc.benefits
Monumental Management Inc. Employee Benefit Plan · INDIANAPOLIS, IN · plan year 2024
Monumental Management Inc.'s benefits plans covered 163 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $132,129. Insurance brokers and agents were paid $45,430 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 34.4% of premiums. That is $279 per covered person, above the median for employer plans that report broker pay. Broker pay fell 6.3% from $48,510 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 843927078 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.