Nelson Brothers, Inc.benefits
Nelson Brothers, Inc. Welfare Benefits Plan · BIRMINGHAM, AL · plan year 2024
Nelson Brothers, Inc.'s benefits plans covered 472 active participants in 2024, providing health · life · dental · short-term disability · long-term disability · other. Insurance premiums totaled $1,200,564. Insurance brokers and agents were paid $140,542 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 11.7% of premiums. That is $298 per covered person, above the median for employer plans that report broker pay. Brokers were paid 3.1x the $45,637 reported for 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 630479482 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.