Power Component Systems, Inc.benefits
Power Component Systems, Inc. Employee Benefits Plan · HANOVER, MD · plan year 2024
Previously filed as Power Component Systems Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.
Power Component Systems, Inc.'s benefits plans covered 107 active participants in 2024, providing health · dental · vision · short-term disability · long-term disability. Insurance premiums totaled $666,074. Insurance brokers and agents were paid $65,086 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.8% of premiums. That is $608 per covered person, in the top quarter of employer plans that report broker pay.
Why are you looking at this plan?
Source: DOL Form 5500 Schedule A, plan year 2024, EIN 521197676 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.