Liberty Electronics, Inc.benefits
Liberty Electronics, Inc. Welfare Plan · FRANKLIN, PA · plan year 2024
Previously filed as Liberty Electronics Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.
Liberty Electronics, Inc.'s benefits plans covered 383 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits. Insurance premiums totaled $31,195. Insurance brokers and agents were paid $124,105 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 397.8% of premiums. That is $324 per covered person, above the median for employer plans that report broker pay. Broker pay fell 85% from $836,670 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 251495476 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.