Pro-Tech Industries, Inc.benefits
Pro-Tech Industries Health and Welfare Plan · LA VERGNE, TN · plan year 2024
Pro-Tech Industries, Inc.'s benefits plans covered 108 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits · other. Insurance premiums totaled $1,170,515. Insurance brokers and agents were paid $75,339 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.4% of premiums. That is $698 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 5.3% from $79,583 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 911181785 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.