Workplace Benefitsbenefits
Workplace Options, LLC Health and Welfare Benefit Plan · RALEIGH, NC · plan year 2025
Workplace Benefits's benefits plans covered 356 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $260,358. Insurance brokers and agents were paid $66,269 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 25.5% of premiums. That is $186 per covered person, below the median for employer plans that report broker pay. Broker pay fell 10% from $73,975 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 202699271 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.