Evers Electric Company, Inc.benefits
Evers Electric Company, Inc. Welfare Plan · EL DORADO, AR · plan year 2024
Evers Electric Company, Inc.'s benefits plans covered 132 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $60,121. Insurance brokers and agents were paid $110,739 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 184.2% of premiums. That is $839 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 35% from $82,052 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 710567321 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.