Plan Ledger DOL Form 5500 · updated monthly

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.

Broker compensation reported · 2024
$124,105

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.

Insurance contracts · 20244
VISION BENEFITS OF AMERICA · vision$31K · 346 covered
HIGHMARK · health drugpremiums n/a · 560 covered
METROPOLITAN LIFE INSURANCE COMPANY · dental life ltdpremiums n/a · 500 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · life ltdpremiums n/a · 383 covered
Brokers & agents paid · 20242
THE DJB GROUP, LLC$110,268 · incl $543 fees
DMC BENEFITS$13,837 · incl $7,066 fees
Also brokered by The Djb Group, LLC3

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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.