K-Flex USA, LLCbenefits
K-Flex USA, LLC Employee Welfare Benefit Plans · YOUNGSVILLE, NC · plan year 2023
Broker compensation reported · 2023
$45,500
K-Flex USA, LLC's benefits plan covered 236 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $109,264. Insurance brokers and agents were paid $45,500 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 41.6% of premiums. That is $193 per covered person, above the median for employer plans that report broker pay.
Insurance contracts · 20238
DELTA DENTAL OF NORTH CAROLINA · dental$109K · 305 covered
EYEMED VISION CARE ON BEHALF OF FIDELITY SECURITY LIFE INSURANCE CO · visionpremiums n/a · 312 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICApremiums n/a · 51 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 238 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · ltdpremiums n/a · 234 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · stdpremiums n/a · 233 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · lifepremiums n/a · 53 covered
BLUE CROSS AND BLUE SHIELD OF NORTH CAROLINA · health drug ppopremiums n/a · 235 covered
Brokers & agents paid · 20235
JOHN MCDONNELL$18,223
MARSH & MCLENNAN AGENCY LLC$20,971 · incl $681 fees
0009K821$3,510
PROGRESSIVE BENEFIT SOL$2,013
0009K726$783 · incl $783 fees
Also brokered by John McDonnell5
Simply Southern Holdings, LLC NC$70,631
Flexgen Power Systems NC$63,886
Teamworks NC$55,321
Cmc Corporation NC$41,468
Excel Property Management, Inc. NC$26,315
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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 562249271 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.