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