Magna-Power Electronics, Inc.benefits
Magna-Power Electronics Welfare Benefits Plan · FLEMINGTON, NJ · plan year 2024
Broker compensation reported · 2024
$6,009
Magna-Power Electronics, Inc.'s benefits plan covered 104 active participants in 2024, providing health · life · dental · vision · other. Insurance brokers and agents were paid $6,009 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $58 per covered person, in the bottom quarter of employer plans that report broker pay.
Insurance contracts · 20242
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 76 covered
PRINCIPAL LIFE INSURANCE COMPANY · dental life ppopremiums n/a · 104 covered
Brokers & agents paid · 20242
CREATIVE BENEFITS, INC$5,307
CREATIVE BENEFITS, INC - NEWTOWN SQ$702
Also brokered by Creative Benefits, Inc3
The 1916 Company PA$11,461
Pacifico Auto Group PA$565
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 222626767 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.