The Cleveland Museum of Artbenefits
The Cleveland Museum of Art Health & Welfare Benefit Plan · CLEVELAND, OH · plan year 2024
The Cleveland Museum of Art's benefits plans covered 461 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $3,036,912. Insurance brokers and agents were paid $118,159 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.9% of premiums. That is $256 per covered person, above the median for employer plans that report broker pay. Broker pay fell 5.3% from $124,760 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 340714336 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.