Plan Ledger DOL Form 5500 · updated monthly

Powercon Corporationbenefits

Powercon Corporation Benefit Plan · SEVERN, MD · plan year 2024

Broker compensation reported · 2024
$32,730

Powercon Corporation's benefits plans covered 433 active participants in 2024, providing health · life · dental · vision · death benefits. Insurance brokers and agents were paid $32,730 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $76 per covered person, below the median for employer plans that report broker pay. Broker pay rose 37% from $23,837 in 2023.

Insurance contracts · 20242
UNITEDHEALTHCARE INSURANCE COMPANY · dental vision lifepremiums n/a · 627 covered
UNITEDHEALTHCARE INSURANCE COMPANY · ltdpremiums n/a · 243 covered
Brokers & agents paid · 20241
RIGGS COUNSELMAN MICHAELS & DOWNES$32,730
Also brokered by Riggs Counselman Michaels & Downes5
Zerofox, Inc. MD$124,461

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 520709642 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.