Plan Ledger DOL Form 5500 · updated monthly

Power Electronics USA Inc.benefits

Power Electronics USA Inc Employee Benefits Plan · GILBERT, AZ · plan year 2024

Broker compensation reported · 2024
$399,352

Power Electronics USA Inc.'s benefits plans covered 566 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $399,352 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $706 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 22% from $328,615 in 2023.

Insurance contracts · 20243
HAWAII MEDICAL SERVICE ASSOCIATION · health drug dental vision life ppopremiums n/a · 7 covered
UNITEDHEALTHCARE INSURANCE COMPANY · health drug dental ppopremiums n/a · 1,477 covered
METROPOLITAN LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 1,183 covered
Brokers & agents paid · 20247
LOVITT & TOUCHE$327,628 · incl $269,232 fees
LOVITT AND TOUCHE, INC.$47,848
BLACK GOULD AND ASSOCIATION, INC.$11,178
ENROLLEASE, INC.$8,381 · incl $8,381 fees
MARSH & MCLENNAN$4,161 · incl $4,161 fees
LOVITT AND TOUCHE$110 · incl $110 fees
MARSH AND MCLENNAN AGENCY, LLC$46 · incl $46 fees
Also brokered by Lovitt & Touche1

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 463219523 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.