Bk Technologies, Inc.benefits
Bk Technologies, Inc. Group Wrap Plan · WEST MELBOURNE, FL · plan year 2023
Broker compensation reported · 2023
$112,888
Bk Technologies, Inc.'s benefits plan covered 127 active participants in 2023, providing life · long-term disability · death benefits. Insurance premiums totaled $139,769. Insurance brokers and agents were paid $112,888 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 80.8% of premiums. That is $889 per covered person, in the top 10% of employer plans that report broker pay.
Insurance contracts · 20236
STANDARD INSURANCE COMPANY · life$99K · 127 covered
STANDARD INSURANCE COMPANY · ltd$41K · 127 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · stop-losspremiums n/a · 90 covered
HUMANA INSURANCE COMPANY · dental visionpremiums n/a · 100 covered
UNUM LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 140 covered
CGI-TOKIO MARINE HCCpremiums n/a · 90 covered
Brokers & agents paid · 20232
CUNDY, INC.$101,424 · incl $11,494 fees
CUNDY INSURANCE AGENCY INC$11,464 · incl $1,249 fees
Also brokered by Cundy, Inc.5
Gemini Communications LLC FL$129,708
Ipic Theaters LLC FL$55,358
Yf Fc Operations, LLC dba Youfit Gyms FL$45,311
Fanjul Corporation FL$6,812
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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 593486297 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.