Schwegman, Lundberg & Woessner, P.A.benefits
Schwegman, Lundberg & Woessner, P.A. Welfare Benefits Plan · MINNEAPOLIS, MN · plan year 2024
Schwegman, Lundberg & Woessner, P.A.'s benefits plans covered 279 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $327,369. Insurance brokers and agents were paid $180,277 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 55.1% of premiums. That is $646 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 46% from $123,235 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 411765559 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.