Centerpoint Energy, Inc.benefits
Centerpoint Energy,Inc. Group Welfare Benefits Plan · HOUSTON, TX · plan year 2024
Centerpoint Energy, Inc.'s benefits plans covered 7,483 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $1,163,552. Insurance brokers and agents were paid $428,886 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 36.9% of premiums. That is $57 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 36% from $316,419 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 740694415 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.