The Associated Pressbenefits
Consolidated Ap Wrap Plan for Active Employees and Retirees Except for Stand Alone Post 65 Retiree Medical Plan · NEW YORK, NY · plan year 2024
The Associated Press's benefits plans covered 1,199 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $170,371 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $142 per covered person, below the median for employer plans that report broker pay. Broker pay rose 8.5% from $157,093 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 130452880 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.