Resource Management Concepts, Inc.benefits
Resource Management Concepts, Inc. Welfare Plan · LEXINGTON PARK, MD · plan year 2024
Resource Management Concepts, Inc.'s benefits plans covered 757 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $423,078. Insurance brokers and agents were paid $186,002 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 44.0% of premiums. That is $246 per covered person, above the median for employer plans that report broker pay. Brokers were paid 3.7x the $50,873 reported for 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 521874850 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.