Atlantic Electric, LLCbenefits
Atlantic Electric, LLC · NORTH CHARLESTON, SC · plan year 2024
Atlantic Electric, LLC's benefits plans covered 149 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,242,380. Insurance brokers and agents were paid $67,733 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 5.5% of premiums. That is $455 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 8.0% from $62,707 in 2023.
Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 550811925 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.