Ohio Farmers Insurance Companybenefits
Ohio Farmers Insurance Company Group Health Benefit Plan · WESTFIELD CENTER, OH · plan year 2024
Ohio Farmers Insurance Company's benefits plans covered 2,585 active participants in 2024, providing health · dental · vision · other. Insurance premiums totaled $1,884,839. Insurance brokers and agents were paid $50,530 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.7% of premiums. That is $20 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 14% from $44,279 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 340438190 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.