Temco Engineered Products, Incbenefits
Temco Engineered Products, Inc · CLACKAMAS, OR · plan year 2024
Previously filed as Temco Engineered Products, Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.
Temco Engineered Products, Inc's benefits plans covered 112 active participants in 2024, providing health · dental · vision. Insurance premiums totaled $40,400. Insurance brokers and agents were paid $28,027 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 69.4% of premiums. That is $250 per covered person, above the median for employer plans that report broker pay. Broker pay fell 6.9% from $30,111 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 930552328 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.