Plan Ledger DOL Form 5500 · updated monthly

Karma Automotive, Inc.benefits

Karma Automotive, Inc. Health and Welfare Plan · IRVINE, CA · plan year 2024

Broker compensation reported · 2024
$169,360

Karma Automotive, Inc.'s benefits plan covered 448 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $169,360 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $378 per covered person, above the median for employer plans that report broker pay.

Insurance contracts · 20243
UNITED HEALTHCARE INSURANCE COMPANY · health drug dental vision hmopremiums n/a · 541 covered
KAISER FOUNDATION HEALTH PLAN INC · health drug hmopremiums n/a · 105 covered
HARTFORD LIFE AND ACCIDENT · life std ltdpremiums n/a · 442 covered
Brokers & agents paid · 20241
MARSH & MCLENNAN AGENCY LLC$169,360 · incl $2,871 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$4,316,517

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 465065972 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.