Energetiq Technology, Inc.benefits
Energetiq Technology, Inc. Welfare Benefits Plan · WILMINGTON, MA · plan year 2025
Energetiq Technology, Inc.'s benefits plans covered 103 active participants in 2025, providing health · life · dental · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,501,296. Insurance brokers and agents were paid $60,877 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.1% of premiums. That is $591 per covered person, in the top quarter of employer plans that report broker pay. Brokers were paid 4.4x the $13,789 reported for 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 200839909 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.