Premium Mortgage Corporationbenefits
Health and Welfare Plan for the Employees of Premium Mortgage Corporation · ROCHESTER, NY · plan year 2024
Premium Mortgage Corporation's benefits plans covered 195 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $141,310. Insurance brokers and agents were paid $76,976 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 54.5% of premiums. That is $395 per covered person, above the median for employer plans that report broker pay. Broker pay fell 21% from $96,874 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 161566654 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.