The Molding Company Inc.benefits
The Molding Company Inc. dba Forte Products Employee Benefit Plan · KANSAS CITY, MO · plan year 2024
The Molding Company Inc.'s benefits plans covered 187 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $152,087. Insurance brokers and agents were paid $90,802 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 59.7% of premiums. That is $486 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 1.2% from $91,885 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 431799944 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.