Plan Ledger DOL Form 5500 · updated monthly

K-Va-T Food Stores, Inc.benefits

K-Va-T Food Stores, Inc. Health and Welfare Benefit Plan · ABINGDON, VA · plan year 2024

Broker compensation reported · 2024
$104,000

K-Va-T Food Stores, Inc.'s benefits plans covered 8,294 active participants in 2024, providing health · life · dental · long-term disability · death benefits · other. Insurance premiums totaled $2,255,150. Insurance brokers and agents were paid $104,000 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.6% of premiums. That is $13 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 26% from $140,230 in 2023.

Insurance contracts · 20244
BLUECROSS BLUESHIELD OF TENNESSEE, INC. · dental$2.3M · 9,621 covered
CAREBRIDGE CORPORATIONpremiums n/a · 19,194 covered
BLUERE OF TENNESSEE · health drugpremiums n/a · 7,599 covered
SUN LIFE ASSURANCE COMPANY · life ltdpremiums n/a · 8,294 covered
Brokers & agents paid · 20242
PATRICK HOFFMAN$83,535
RAYMOND DANIELS$20,465
Also brokered by Patrick Hoffman1

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 550421484 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.