Plan Ledger DOL Form 5500 · updated monthly

Katahdin Valley Health Centerbenefits

Kvhc Life and Disability Benefit Plan · PATTEN, ME · plan year 2024

Broker compensation reported · 2024
$84,520

Katahdin Valley Health Center's benefits plans covered 221 active participants in 2024, providing life · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $1,265,061. Insurance brokers and agents were paid $84,520 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.7% of premiums. That is $382 per covered person, above the median for employer plans that report broker pay. Broker pay rose 38% from $61,145 in 2023.

Insurance contracts · 20246
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health dental vision$1.3M · 170 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · stdpremiums n/a · 221 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · lifepremiums n/a · 221 covered
RELIANCE STANDARD LIFE INSURANCE COMPANY · ltdpremiums n/a · 220 covered
RELIANCE STANDARD LIFE INSURANCE COMPANYpremiums n/a · 180 covered
GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · visionpremiums n/a · 136 covered
Brokers & agents paid · 20243
ACADIA BENEFITS, INC.$82,083 · incl $66,693 fees
ACADIA BENEFITS INC$1,468 · incl $42 fees
HPHC INSURANCE AGENCY, INC.$969
Also brokered by Acadia Benefits, Inc.5

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 237411014 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.