Veterans Inc.benefits
Veterans Inc Employee Benefit Plan · WORCESTER, MA · plan year 2024
Veterans Inc.'s benefits plans covered 166 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $1,654,821. Insurance brokers and agents were paid $58,605 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.5% of premiums. That is $353 per covered person, above the median for employer plans that report broker pay. Broker pay rose 17% from $50,067 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 043098024 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.