Plan Ledger DOL Form 5500 · updated monthly

Precision Optical Transceivers, Inc.benefits

Health and Welfare Plan for the Employees of Precision Optical · ROCHESTER, NY · plan year 2024

Broker compensation reported · 2024
$69,431

Precision Optical Transceivers, Inc.'s benefits plans covered 126 active participants in 2024, providing health · dental · vision · long-term disability · short-term disability · life. Insurance brokers and agents were paid $69,431 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $551 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 2.9% from $67,451 in 2023.

Insurance contracts · 20242
EXCELLUS BLUE CROSS BLUE SHIELD · healthpremiums n/a · 91 covered
GUARDIAN · dental vision life std ltdpremiums n/a · 126 covered
Brokers & agents paid · 20244
TITAN INS DBA US EMPL BENEFITS SVC$40,735
BROWN & BROWN OF NEW YORK$12,619 · incl $7,895 fees
TITAN INSURANCE AND EMPLOYEE B$249
Also brokered by Titan Ins dba US Empl Benefits Svc5
L Woerner Inc NY$117,115
Foodlink, Inc. NY$46,450
HR Works NY$19,956

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 274629746 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.