Waldorf Ford, Inc.benefits
Waldorf Ford, Inc. Welfare Benefits Plan · WALDORF, MD · plan year 2024
Waldorf Ford, Inc.'s benefits plans covered 1,036 active participants in 2024, providing health · life · dental · other. Insurance premiums totaled $260,282. Insurance brokers and agents were paid $216,938 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 83.3% of premiums. That is $209 per covered person, above the median for employer plans that report broker pay. Broker pay rose 14% from $190,369 in 2023.
Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 521918602 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.