Turner Medical, Inc.benefits
Turner Medical, Inc. Life and Disability Plan · ATHENS, AL · plan year 2024
Turner Medical, Inc.'s benefits plans covered 157 active participants in 2024, providing life · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $5,324,135. Insurance brokers and agents were paid $59,457 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 $379 per covered person, above the median for employer plans that report broker pay. Brokers were paid 3.6x the $16,625 reported for 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 630698234 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.