Parker McCay P.A.benefits
Parker McCay Flexible Benefits Plan · MT. LAUREL, NJ · plan year 2024
Parker McCay P.A.'s benefits plans covered 115 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $62,458. Insurance brokers and agents were paid $77,293 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 123.8% of premiums. That is $672 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 8.9% from $70,999 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 222022169 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.