Naphcare, Inc.benefits
Naphcare, Inc. Health and Welfare Plan · BIRMINGHAM, AL · plan year 2024
Naphcare, Inc.'s benefits plans covered 6,628 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $287,785. Insurance brokers and agents were paid $694,358 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 241.3% of premiums. That is $105 per covered person, below the median for employer plans that report broker pay. Broker pay fell 21% from $881,744 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 581823464 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.