Sonifi Solutions, Inc.benefits
Sonifi Solutions, Inc. Health and Welfare Benefits Plan · SIOUX FALLS, SD · plan year 2024
Sonifi Solutions, Inc.'s benefits plans covered 617 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $66,981. Insurance brokers and agents were paid $102,784 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 153.5% of premiums. That is $167 per covered person, below the median for employer plans that report broker pay. Broker pay rose 74% from $58,992 in 2023.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2024, EIN 460371161 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.