Karl Chevroletbenefits
Karl Chevrolet Employee Benefits Plan · ANKENY, IA · plan year 2025
Broker compensation reported · 2025
$208,280
Karl Chevrolet's benefits plans covered 670 active participants in 2025, providing health · life · dental · vision · short-term disability · other. Insurance premiums totaled $5,304,879. Insurance brokers and agents were paid $208,280 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 3.9% of premiums. That is $311 per covered person, above the median for employer plans that report broker pay. Broker pay was essentially unchanged from 2024.
Insurance contracts · 20254
WELLMARK BLUE CROSS AND BLUE SHIELD OF IOWA$5.3M · 432 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 681 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · life stdpremiums n/a · 662 covered
DELTA DENTAL OF IOWA · dentalpremiums n/a · 425 covered
Brokers & agents paid · 20255
LUFKIN BENEFIT SOLUTIONS, INC.$90,069
NORTH RISK PARTNERS$88,080
GALLAGHER BENEFIT SERVICES-DSM$19,600 · incl $1,136 fees
GALLAGHER BENEFIT SERVICES, INC.$6,540 · incl $324 fees
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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 421092272 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.