Penquis Community Action Program Inc.benefits
Penquis Community Action Program Flexible Benefits Plan · BANGOR, ME · plan year 2025
Previously filed as Penquis Community Action Program, Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.
Penquis Community Action Program Inc.'s benefits plans covered 450 active participants in 2025, providing health · life · long-term disability · vision. Insurance premiums totaled $4,113,911. Insurance brokers and agents were paid $224,528 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.5% of premiums. That is $499 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 14% from $196,912 in 2024.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2025, EIN 016023748 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.