Varney Agency, Inc.benefits
Varney Agency Inc. Health & Welfare Benefit Plan · BANGOR, ME · plan year 2025
Varney Agency, Inc.'s benefits plans covered 163 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $118,089. Insurance brokers and agents were paid $72,263 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 61.2% of premiums. That is $443 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 1.5% from $71,177 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 010379093 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.