Plan Ledger DOL Form 5500 · updated monthly

Himoinsa Power Systems Incbenefits

Himoinsa Power Systems, Inc. Group and Welfare Plan · OLATHE, KS · plan year 2024

Broker compensation reported · 2024
$108,995

Himoinsa Power Systems Inc's benefits plans covered 192 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $1,281,797. Insurance brokers and agents were paid $108,995 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.5% of premiums. That is $568 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 42% from $76,804 in 2023.

Insurance contracts · 20242
BLUE CROSS BLUE SHIELD OF KANSAS CITY · health drug$1.1M · 192 covered
GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental vision life std ltd ppo$177K · 134 covered
Brokers & agents paid · 20242
MCINNES GROUP, INC.$100,130 · incl $26,816 fees
Also brokered by McInnes Group, Inc.5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 300028523 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.