Plan Ledger DOL Form 5500 · updated monthly

Karma Automotive LLCbenefits

Karma Automotive LLC Health and Welfare Plan · IRVINE, CA · plan year 2023

Broker compensation reported · 2023
$181,280

Karma Automotive LLC's benefits plan covered 236 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $181,280 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $768 per covered person, in the top 10% of employer plans that report broker pay.

Insurance contracts · 20234
KAISER FOUNDATION HEALTH PLAN INC · health drug hmopremiums n/a · 79 covered
UNITED HEALTHCARE INSURANCE COMPANY · health drug hmopremiums n/a · 552 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · dental visionpremiums n/a · 199 covered
HARTFORD LIFE AND ACCIDENT · life std ltdpremiums n/a · 236 covered
Brokers & agents paid · 20231
MARSH & MCLENNAN AGENCY LLC$181,280 · incl $23,997 fees
Also brokered by Marsh McLennan Agency5
Sanford ND$2,648,319

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 465065972 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.