Plan Ledger DOL Form 5500 · updated monthly

New Electric, Inc.benefits

New Electric, Inc. Group Benefits Plan · PHOENIX, AZ · plan year 2024

Broker compensation reported · 2024
$46,319

New Electric, Inc.'s benefits plans covered 146 active participants in 2024, providing health · dental. Insurance brokers and agents were paid $46,319 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $317 per covered person, above the median for employer plans that report broker pay. Broker pay rose 9.4% from $42,358 in 2023.

Insurance contracts · 20242
PRINCIPAL LIFE INSURANCE COMPANY · dentalpremiums n/a · 273 covered
BLUE CROSS BLUE SHIELD OF ARIZONA · health drugpremiums n/a · 265 covered
Brokers & agents paid · 20241
Also brokered by Alliant5
Tyson Foods, Inc. AR$1,604,287
Stark Carpet Corp. NY$1,544,014

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 113803934 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.