Storm Power Componentsbenefits
Storm Copper Components Co. Life Insurance Plan · DECATUR, TN · plan year 2025
Storm Power Components's benefits plans covered 239 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $1,629,271. Insurance brokers and agents were paid $130,141 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.0% of premiums. That is $545 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 24% from $104,695 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 621485943 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.