Ls Power Development, LLCbenefits
Ls Power Development Welfare Benefit Plan · EAST BRUNSWICK, NJ · plan year 2024
Ls Power Development, LLC's benefits plans covered 444 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $2,075,105. Insurance brokers and agents were paid $729,046 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 35.1% of premiums. That is $1,642 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 36% from $536,037 in 2023.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2024, EIN 223779323 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.