Innovative Engineering Systems, Inc.benefits
Innovative Engineering Systems, Inc. Welfare Benefit Plan · BAKERSFIELD, CA · plan year 2024
Innovative Engineering Systems, Inc.'s benefits plans covered 101 active participants in 2024, providing health · life · dental · vision · other. Insurance premiums totaled $956,589. Insurance brokers and agents were paid $34,950 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.7% of premiums. That is $346 per covered person, above the median for employer plans that report broker pay. Broker pay fell 11% from $39,296 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 030433805 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.