Richmond Medical Commonsbenefits
Richmond Medical Commons Employee Benefits Plan · RICHMOND, VA · plan year 2025
Richmond Medical Commons's benefits plans covered 137 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $77,066. Insurance brokers and agents were paid $24,023 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 31.2% of premiums. That is $175 per covered person, below the median for employer plans that report broker pay. Broker pay fell 32% from $35,520 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 582675285 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.