Pantropic Power Inc.benefits
Pantropic Power Inc. Medical Care Program · MIAMI, FL · plan year 2024
Previously filed as Pantropic Power, Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.
Pantropic Power Inc.'s benefits plans covered 83 active participants in 2024, providing health · life · short-term disability · long-term disability · other. Insurance premiums totaled $684,951. Insurance brokers and agents were paid $48,796 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.1% of premiums. That is $588 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 10% from $54,338 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 592749643 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.