Recovery Resourcesbenefits
Recovery Resources Welfare Benefit Plan · CLEVELAND, OH · plan year 2024
Recovery Resources's benefits plans covered 84 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $1,101,679. Insurance brokers and agents were paid $48,866 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.4% of premiums. That is $582 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 4.4% from $51,141 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 341211116 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.