Providence Medical Group, Inc.benefits
Providence Medical Group Inc Welfare Benefit Plan · DAYTON, OH · plan year 2024
Providence Medical Group, Inc.'s benefits plans covered 81 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $31,311. Insurance brokers and agents were paid $36,586 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 116.8% of premiums. That is $452 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 7.4% from $39,502 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 421534506 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.