Impower, Inc.benefits
Impower, Inc. Welfare Benefits Plan · ORLANDO, FL · plan year 2024
Impower, Inc.'s benefits plans covered 101 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $387,981. Insurance brokers and agents were paid $29,648 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.6% of premiums. That is $294 per covered person, above the median for employer plans that report broker pay. Broker pay fell 12% from $33,789 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 650439778 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.