Tennessee Electric Co., Inc. dba Tec Industrial Maintenance & Constbenefits
Tennessee Electric Co., Inc. Employees Benefit Plan · KINGSPORT, TN · plan year 2023
Tennessee Electric Co., Inc. dba Tec Industrial Maintenance & Const's benefits plan covered 418 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $2,038,940. Insurance brokers and agents were paid $139,106 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.8% of premiums. That is $333 per covered person, above the median for employer plans that report broker pay.
Individual agents paid under $1,000 on this filing are shown as a total. The amounts are as filed; only the personal names are withheld.
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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 620645369 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.