Plan Ledger DOL Form 5500 · updated monthly

I.K. Hofmann USA, Inc.benefits

I.K. Hofmann Health and Welfare Plan · ATLANTA, GA · plan year 2024

Broker compensation reported · 2024
$35,768

I.K. Hofmann USA, Inc.'s benefits plans covered 353 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $35,768 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $101 per covered person, below the median for employer plans that report broker pay. Broker pay fell 67% from $107,272 in 2023.

Insurance contracts · 20243
AETNA LIFE INSURANCE COMPANY · health drug dental visionpremiums n/a · 579 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · life std ltdpremiums n/a · 353 covered
Brokers & agents paid · 20243
OAKBRIDGE INSURANCE AGENCY, LLC$18,711 · incl $3,881 fees
A2 BENEFITS$11,413 · incl $2,007 fees
Also brokered by Oakbridge Insurance Agency, LLC5
Bakkt GA$312,505

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 261519561 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.