Plan Ledger DOL Form 5500 · updated monthly

Kelvin Group Corp.benefits

Kelvin Group Corp. Health and Welfare Benefits Plan · WILMINGTON, MA · plan year 2024

Broker compensation reported · 2024
$104,589

Kelvin Group Corp.'s benefits plans covered 367 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $3,613,071. Insurance brokers and agents were paid $104,589 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 2.9% of premiums. That is $285 per covered person, above the median for employer plans that report broker pay. Broker pay rose 14% from $92,012 in 2023.

Insurance contracts · 20244
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health drug hmo ppo$3.3M · 458 covered
BLUE CROSS BLUE SHIELD OF MASSACHUSETTS, INC. · dental$297K · 693 covered
SUN LIFE ASSURANCE COMPANY OF CANADA · life std ltdpremiums n/a · 367 covered
Brokers & agents paid · 20242
GALLAGHER BENEFIT SERVICES, INC.$104,456 · incl $95,043 fees
EASTERN INSURANCE GROUP$133
Also brokered by Gallagher5
Chem Carriers, LLC LA$5,531,992

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 823162765 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.