Orbach Affordable Management, LLCbenefits
Orbach Affordable Management, LLC Employee Benefits Plan · ENGLEWOOD CLIFFS, NJ · plan year 2024
Orbach Affordable Management, LLC's benefits plans covered 120 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $24,769. Insurance brokers and agents were paid $129,152 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 521.4% of premiums. That is $1,076 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 11% from $116,732 in 2023.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2024, EIN 815026622 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.