Richcroft, Inc.benefits
Richcroft, Inc. Benefits Welfare Plan · HUNT VALLEY, MD · plan year 2024
Broker compensation reported · 2024
$100,389
Richcroft, Inc.'s benefits plans covered 289 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $100,389 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $347 per covered person, above the median for employer plans that report broker pay. Broker pay rose 20% from $83,605 in 2023.
Insurance contracts · 20244
AMERITAS LIFE INSURANCE CORP. · dental visionpremiums n/a · 148 covered
CAREFIRST BLUECHOICE, INC. · health drug hmo ppopremiums n/a · 169 covered
AMERICAN UNITED LIFE INSURANCE COMPANY · life ltdpremiums n/a · 235 covered
AMERICAN UNITED LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 58 covered
Brokers & agents paid · 20242
BENEFIT DESIGN GROUP INC$19,563 · incl $19,563 fees
CAPITAL SERVICES INC$80,826 · incl $65,918 fees
Also brokered by Benefit Design Group Inc5
Miller, Long & Arnold Co., Inc. MD$28,592
Infinite Legacy, Inc. MD$28,548
Grady Management, Inc. MD$22,215
Laurel Sand and Gravel, Inc. MD$19,422
Microsystems Automation Group VA$17,716
Why are you looking at this plan?
More
Source: DOL Form 5500 Schedule A, plan year 2024, EIN 521302331 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.