Powell Electronics, Inc.benefits
Powell Electronics Benefit Plan · SWEDESBORO, NJ · plan year 2024
Broker compensation reported · 2024
$29,846
Powell Electronics, Inc.'s benefits plans covered 223 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $29,846 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $134 per covered person, below the median for employer plans that report broker pay. Broker pay fell 61% from $76,807 in 2023.
Insurance contracts · 20242
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental vision life std ltdpremiums n/a · 223 covered
KAISER FOUNDATION HEALTH PLAN INC. · healthpremiums n/a · 40 covered
Brokers & agents paid · 20241
THE FOLEY INSURANCE AGENCY$29,846 · incl $6,488 fees
Also brokered by The Foley Insurance Agency2
Rentacom, Inc. D/B/A Dyventive, Inc. PA$3,924
Spring Eq PA$1,911
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 231419651 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.