Transform Midco LLCbenefits
Transform Health and Welfare Plan · HOFFMAN ESTATES, IL · plan year 2024
Transform Midco LLC's benefits plans covered 4,693 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $22,946,985. Insurance brokers and agents were paid $245,330 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.1% of premiums. That is $52 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 26% from $329,769 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 833374195 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.