The Osborn Engineering Companybenefits
The Osborn Engineering Company Group Benefit Plan · CLEVELAND, OH · plan year 2025
The Osborn Engineering Company's benefits plans covered 300 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $205,759. Insurance brokers and agents were paid $46,512 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 22.6% of premiums. That is $155 per covered person, below the median for employer plans that report broker pay. Broker pay fell 11% from $52,462 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 340445030 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.