Plote Construction Inc.benefits
The Plote Companies Premium Conversion Plan · HOFFMAN ESTATES, IL · plan year 2024
Previously filed as Plote Construction, Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.
Plote Construction Inc.'s benefits plans covered 97 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $153,928. Insurance brokers and agents were paid $82,142 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 53.4% of premiums. That is $847 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 19% from $68,864 in 2023.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2024, EIN 362814492 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.