Kay and Associates, Inc.benefits
Kay and Associates, Inc. Group Insurance Plan · BUFFALO GROVE, IL · plan year 2024
Broker compensation reported · 2024
$325,804
Kay and Associates, Inc.'s benefits plans covered 1,509 active participants in 2024, providing health · life · dental · vision · short-term disability · other · long-term disability. Insurance brokers and agents were paid $325,804 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $216 per covered person, above the median for employer plans that report broker pay. Broker pay rose 10% from $295,615 in 2023.
Insurance contracts · 20248
UNUM LIFE INSURANCE COMPANY OF NORTH AMERICA · stdpremiums n/a · 205 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health dental visionpremiums n/a · 613 covered
GUARDIAN · dental vision lifepremiums n/a · 896 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 613 covered
UNUM LIFE INSURANCE COMPANY OF NORTH AMERICA · lifepremiums n/a · 269 covered
BLUE CROSS BLUE SHIELD OF ILLINOIS · healthpremiums n/a · 365 covered
UNUM LIFE INSURANCE COMPANY OF NORTH AMERICA · std ltdpremiums n/a · 96 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · ltdpremiums n/a · 295 covered
Brokers & agents paid · 20242
ASSURED PARTNERS OF ILLINOIS LLC$267,172 · incl $10,475 fees
ASSURED PARTNERS OF IL DBA LUNDSTRO$58,632 · incl $5,814 fees
Also brokered by Assured Partners of Illinois LLC5
Lauterbach & Amen, LLP IL$51,367
Dukane Precast, Inc. IL$21,316
Minnick Concrete Products, Inc. IN$6,761
Acc, Inc. IL$4,357
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 362432478 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.