Team Direct Managementbenefits
Team Direct Management Health & Welfare Plan · ROGERS, AR · plan year 2024
Team Direct Management's benefits plans covered 150 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $3,890,399. Insurance brokers and agents were paid $786,322 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 20.2% of premiums. That is $5,242 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 10.2x the $77,102 reported for 2023.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2024, EIN 202517424 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.