Plan Ledger DOL Form 5500 · updated monthly

Powell Industries, Inc.benefits

Powell Industries, Inc. Welfare Benefit Plan · HOUSTON, TX · plan year 2025

Broker compensation reported · 2025
$82,368

Powell Industries, Inc.'s benefits plans covered 2,399 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $82,368 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $34 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay was essentially unchanged from 2024.

Insurance contracts · 20253
SUN LIFE ASSURANCE COMPANY OF CANADA · life ltdpremiums n/a · 2,399 covered
RELIASTAR LIFE INSURANCE COMPANYpremiums n/a · 514 covered
Brokers & agents paid · 20252
LOCKTON COMPANIES, LLC$81,394 · incl $43,388 fees
REUBEN WARNER ASSOCIATES, INC.$974 · incl $974 fees
Also brokered by Lockton5
Banner Health AZ$3,486,058
Peraton, Inc. VA$2,031,509
Dollar Tree, Inc. VA$1,645,687

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 880106100 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.