Plan Ledger DOL Form 5500 · updated monthly

Karat, Inc.benefits

Karat, Inc. · SEATTLE, WA · plan year 2024

Broker compensation reported · 2024
$114,779

Karat, Inc.'s benefits plans covered 90 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $114,779 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,275 per covered person, in the top 10% of employer plans that report broker pay. Broker pay fell 39% from $187,377 in 2023.

Insurance contracts · 20244
KAISER FOUNDATION HEALTH PLAN INC · health drug hmopremiums n/a · 9 covered
REGENCE BLUESHIELD · health drug ppopremiums n/a · 189 covered
KAISER FOUNDATION HEALTH PLAN INC · health drug hmopremiums n/a
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental vision life ltdpremiums n/a · 102 covered
Brokers & agents paid · 20242
SEQUOIA BENEFITS & INS SVCS LLC$111,166 · incl $14,946 fees
Also brokered by Sequoia Benefits & Ins Svcs LLC5
Sequoia One Peo, LLC AZ$34,624,280
Spring Care, Inc. NY$1,010,794
Anthropic Pbc CA$785,958

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 465602536 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.