Wayne Farms LLCbenefits
Wayne Farms Welfare Benefit Plan · OAKWOOD, GA · plan year 2024
Wayne Farms LLC's benefits plans covered 24,172 active participants in 2024, providing life · vision · short-term disability · long-term disability · other. Insurance premiums totaled $1,307,326. Insurance brokers and agents were paid $5,825,036 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 445.6% of premiums. That is $241 per covered person, above the median for employer plans that report broker pay. Brokers were paid 5.3x the $1,101,732 reported for 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 582530930 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.