Carvaka, LLCbenefits
Necco Health and Welfare Benefit Plan · CINCINNATI, OH · plan year 2024
Carvaka, LLC's benefits plans covered 754 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $155,091. Insurance brokers and agents were paid $84,637 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 54.6% of premiums. That is $112 per covered person, below the median for employer plans that report broker pay. Broker pay rose 3.1% from $82,055 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 611352732 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.