Reading & Math Inc.benefits
Reading & Math Inc. dba Ampact Health & Welfare Plan · MINNEAPOLIS, MN · plan year 2024
Reading & Math Inc.'s benefits plans covered 318 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $215,851. Insurance brokers and agents were paid $133,891 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 62.0% of premiums. That is $421 per covered person, above the median for employer plans that report broker pay. Broker pay rose 18% from $113,545 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 472306902 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.