Stowers Machinery Corporationbenefits
Stowers Machinery Corporation Life, Accident and Health Insurance · KNOXVILLE, TN · plan year 2025
Stowers Machinery Corporation's benefits plans covered 460 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $815,457. Insurance brokers and agents were paid $90,398 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 11.1% of premiums. That is $197 per covered person, above the median for employer plans that report broker pay. Broker pay rose 14% from $79,224 in 2024.
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 620636387 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.