Reliable Contractors, Inc.benefits
Reliable Contractors, Inc. Employee Benefit Plan · CENTERVILLE, OH · plan year 2024
Reliable Contractors, Inc.'s benefits plans covered 110 active participants in 2024, providing health · life · dental · vision · short-term disability · other. Insurance premiums totaled $23,552. Insurance brokers and agents were paid $42,328 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 179.7% of premiums. That is $385 per covered person, above the median for employer plans that report broker pay. Brokers were paid 4.2x the $10,040 reported for 2023.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2024, EIN 311620385 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.