The Board of Trustees of the Catholic Charities USA Employee Welfare Bbenefits
Catholic Charities USA and Participating Employers Master Welfare Benefit Plan · ALEXANDRIA, VA · plan year 2024
The Board of Trustees of the Catholic Charities USA Employee Welfare B's benefits plans covered 2,733 active participants in 2024, providing health · dental · vision. Insurance premiums totaled $233,353. Insurance brokers and agents were paid $105,703 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 45.3% of premiums. That is $39 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 21% from $87,367 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 456491273 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.