Summit Design and Engineering Services, PLLCbenefits
Summit Design and Engineering Services, PLLC Health and Welfare Plan · HILLSBOROUGH, NC · plan year 2024
Summit Design and Engineering Services, PLLC's benefits plans covered 409 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $220,898. Insurance brokers and agents were paid $69,180 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 31.3% of premiums. That is $169 per covered person, below the median for employer plans that report broker pay. Broker pay fell 1.5% from $70,238 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 300236228 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.