Linear Controls, Inc.benefits
Linear Controls, Inc. Welfare Benefit Plan · LAFAYETTE, LA · plan year 2024
Linear Controls, Inc.'s benefits plans covered 270 active participants in 2024, providing health · life · dental · vision · short-term disability · other. Insurance premiums totaled $2,064,976. Insurance brokers and agents were paid $144,404 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.0% of premiums. That is $535 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 0.9% from $145,697 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 202066412 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.