Plan Ledger DOL Form 5500 · updated monthly

Pomeroy Electric Incorporatedbenefits

Pomeroy Inc Welfare Plan · DEERFIELD BEACH, FL · plan year 2024

Broker compensation reported · 2024
$54,471

Pomeroy Electric Incorporated's benefits plans covered 157 active participants in 2024, providing health · life · dental · vision · other. Insurance premiums totaled $710,001. Insurance brokers and agents were paid $54,471 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.7% of premiums. That is $347 per covered person, above the median for employer plans that report broker pay. Brokers were paid 3.2x the $16,766 reported for 2023.

Insurance contracts · 20243
CIGNA HEALTH AND LIFE INSURANCE COMPANY · dental$523K · 79 covered
AMERICAN FIDELITY ASSURANCE COMPANY · health std ltd$146K · 126 covered
METROPOLITAN LIFE INSURANCE COMPANY · vision life$42K · 157 covered
Brokers & agents paid · 20244
USI INSURANCE SERVICES$43,193 · incl $5,899 fees
USI INSURANCE SERVICES LLC$6,474 · incl $594 fees
AMERICAN FIDELITY ASSURANCE COMPANY$3,794
INS OFFICE OF AMERICA$1,010
Also brokered by Usi5
The Faison Center VA$1,640,677

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 050539082 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.