The Fountainhead Group, Inc.benefits
The Fountainhead Group, Inc. Welfare Plan · NEW YORK MILLS, NY · plan year 2024
The Fountainhead Group, Inc.'s benefits plans covered 119 active participants in 2024, providing health · life · dental · vision · short-term disability · other. Insurance premiums totaled $1,216,919. Insurance brokers and agents were paid $259,353 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 21.3% of premiums. That is $2,179 per covered person, in the top 10% of employer plans that report broker pay. Brokers were paid 5.4x the $47,689 reported for 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 043686486 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.