Profitsolv Purchaser, Inc.benefits
Profitsolv Purchaser Inc. Benefit Plan · KNOXVILLE, TN · plan year 2024
Profitsolv Purchaser, Inc.'s benefits plans covered 254 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $2,293,744. Insurance brokers and agents were paid $154,188 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.7% of premiums. That is $607 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 6.0% from $145,446 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 850811341 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.