Osterman & Company, Inc.benefits
Osterman & Company, Inc. Health and Welfare Benefits Plan · CHESHIRE, CT · plan year 2024
Osterman & Company, Inc.'s benefits plans covered 117 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $67,095. Insurance brokers and agents were paid $73,825 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 110.0% of premiums. That is $631 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 46% from $50,509 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 363048260 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.