The Lester Group, Inc.benefits
The Lester Group, Inc. Group Welfare Benefits Plan · MARTINSVILLE, VA · plan year 2024
The Lester Group, Inc.'s benefits plans covered 192 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $176,011. Insurance brokers and agents were paid $56,730 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 32.2% of premiums. That is $295 per covered person, above the median for employer plans that report broker pay. Broker pay fell 6.1% from $60,425 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 540281310 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.