United Methodist Retirement Communitiesbenefits
Umrc Health and Welfare Plan · CHELSEA, MI · plan year 2024
United Methodist Retirement Communities's benefits plans covered 912 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,031,620. Insurance brokers and agents were paid $30,365 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.9% of premiums. That is $33 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 33% from $45,482 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 381366908 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.