Plan Ledger DOL Form 5500 · updated monthly

Kelsch Associates, Inc.-Njbenefits

Kelsch Associates · WESTVILLE, NJ · plan year 2024

Broker compensation reported · 2024
$143,326

Kelsch Associates, Inc.-Nj's benefits plans covered 130 active participants in 2024, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $1,925,413. Insurance brokers and agents were paid $143,326 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.4% of premiums. That is $1,103 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 40% from $102,218 in 2023.

Insurance contracts · 20244
AMERIHEALTH INSURANCE COMPANY · health drug vision$1.9M · 158 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · dentalpremiums n/a · 136 covered
THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA · life ltdpremiums n/a · 102 covered
COMPSYCHpremiums n/a · 190 covered
Brokers & agents paid · 20242
USI INSURANCE SERVICES LLC$15,571 · incl $2,653 fees
Also brokered by Emerson Rogers LLC5
Hazen and Sawyer NY$649,740

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 222298243 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.