Willcox & Savage, P.C.benefits
Willcox & Savage P.C. Health and Welfare Plan/Flexible Benefits Plan · NORFOLK, VA · plan year 2025
Willcox & Savage, P.C.'s benefits plans covered 117 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $231,776. Insurance brokers and agents were paid $58,658 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 25.3% of premiums. That is $501 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 3.3% from $56,806 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 540976999 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.