Schenker, Inc.benefits
Schenker, Inc. Health and Welfare Plan · CHESAPEAKE, VA · plan year 2024
Schenker, Inc.'s benefits plans covered 8,223 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $27,311. Insurance brokers and agents were paid $1,050,735 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3847.3% of premiums. That is $128 per covered person, below the median for employer plans that report broker pay. Broker pay rose 79% from $586,146 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 135619239 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.