Rag Managementbenefits
Ramsey Auto Group · RAMSEY, NJ · plan year 2024
Rag Management's benefits plans covered 387 active participants in 2024, providing health · life · dental · vision · death benefits · other. Insurance premiums totaled $1,540,285. Insurance brokers and agents were paid $91,796 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.0% of premiums. That is $237 per covered person, above the median for employer plans that report broker pay. Broker pay fell 12% from $104,703 in 2023.
Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2024, EIN 223340645 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.