Wright Implement 1, LLCbenefits
Wright Implement 1, LLC, Plan · OWENSBORO, KY · plan year 2024
Wright Implement 1, LLC's benefits plans covered 259 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $138,898. Insurance brokers and agents were paid $119,449 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 86.0% of premiums. That is $461 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 3.6% from $115,329 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 204423051 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.