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
Reify Health, Inc MA$269,825
Asm Research, LLC VA$201,840
Singer Equipment Company, Inc. PA$148,989
Metaphase Consulting, LLC VA$144,122
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.