Msc Development, Inc.benefits
Msc Development, Inc. Welfare Plan · MATTHEWS, NC · plan year 2024
Msc Development, Inc.'s benefits plans covered 233 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $157,323. Insurance brokers and agents were paid $100,729 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 64.0% of premiums. That is $432 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 99% from $50,583 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 562115711 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.