United Power, Inc.benefits

United Power, Inc.'s benefits plans covered 200 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $451,529. Insurance brokers and agents were paid $128,942 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 28.6% of premiums. That is $645 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 32% from $97,835 in 2023.