Partners for Rural Impactbenefits
Partners for Rural Impact Benefit Plan · BEREA, KY · plan year 2024
Partners for Rural Impact's benefits plans covered 260 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $207,934. Insurance brokers and agents were paid $123,242 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 59.3% of premiums. That is $474 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 24% from $99,340 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 872937264 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.