Pennsylvania Lumbermens Mutual Insurance Companybenefits
Employee Welfare Benefit Plan · PHILADELPHIA, PA · plan year 2024
Pennsylvania Lumbermens Mutual Insurance Company's benefits plans covered 203 active participants in 2024, providing health · life · dental · vision · long-term disability · other. Insurance premiums totaled $2,058,702. Insurance brokers and agents were paid $154,627 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.5% of premiums. That is $762 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 11% from $139,615 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 230959220 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.