Restek Corporationbenefits
Restek Corporation Health and Welfare Benefit Plan · BELLEFONTE, PA · plan year 2024
Restek Corporation's benefits plans covered 428 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $46,847. Insurance brokers and agents were paid $8,679 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 18.5% of premiums. That is $20 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 19% from $7,318 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 251497733 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.