Alexander Electric Co., Inc.benefits
Alexander Electric Co., Inc. Welfare Benefit Plan · COLUMBUS, GA · plan year 2024
Alexander Electric Co., Inc.'s benefits plans covered 121 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $862,128. Insurance brokers and agents were paid $28,481 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.3% of premiums. That is $235 per covered person, above the median for employer plans that report broker pay. Brokers were paid 5.5x the $5,185 reported for 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 581152393 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.