K&N Engineering, Inc.benefits
K&N Engineering, Inc. Welfare Benefits Plan · CORONA, CA · plan year 2024
K&N Engineering, Inc.'s benefits plans covered 700 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $188,604. Insurance brokers and agents were paid $168,509 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 89.3% of premiums. That is $241 per covered person, above the median for employer plans that report broker pay. Broker pay rose 2.5% from $164,464 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 952408507 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.