Plan Ledger DOL Form 5500 · updated monthly

Kamminga & Roodvoets, Inc.benefits

Kamminga & Roodvoets, Inc. Employee Benefit Plan · GRAND RAPIDS, MI · plan year 2024

Broker compensation reported · 2024
$378,486

Kamminga & Roodvoets, Inc.'s benefits plans covered 232 active participants in 2024, providing health · life · dental · short-term disability. Insurance premiums totaled $656,082. Insurance brokers and agents were paid $378,486 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 57.7% of premiums. That is $1,631 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 25% from $303,191 in 2023.

Insurance contracts · 20241
PRIORITY HEALTH INSURANCE COMPANY · health drug dental life ltd stop-loss$656K · 338 covered
Brokers & agents paid · 20242
STEALTH PARTNER GROUP - STOP LOSS$355,986 · incl $355,986 fees
MARSH & MCLENNAN AGENCY LLC$22,500 · incl $22,500 fees

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 381808100 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.