Power Grid Components, Incbenefits

Power Grid Components, Inc's benefits plans covered 524 active participants in 2024, providing life · short-term disability · long-term disability · other. Insurance premiums totaled $2,479,113. Insurance brokers and agents were paid $41,422 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 1.7% of premiums. That is $79 per covered person, below the median for employer plans that report broker pay. Broker pay rose 50% from $27,634 in 2023.