The Mennonite Homebenefits
The Mennonite Home Welfare Benefit Plan · LANCASTER, PA · plan year 2024
The Mennonite Home's benefits plans covered 368 active participants in 2024, providing life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $25,562. Insurance brokers and agents were paid $67,013 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 262.2% of premiums. That is $182 per covered person, below the median for employer plans that report broker pay. Broker pay rose 104% from $32,804 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 231413689 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.