Plan Ledger DOL Form 5500 · updated monthly

Kendrick, Inc.benefits

Kendrick Inc Welfare Benefit Plan · EDGEWOOD, IA · plan year 2024

Broker compensation reported · 2024
$947

Kendrick, Inc.'s benefits plans covered 151 active participants in 2024, providing health · life · dental · vision. Insurance premiums totaled $885,163. Insurance brokers and agents were paid $947 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.1% of premiums. That is $6 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 13% from $1,085 in 2023.

Insurance contracts · 20242
WELLMARK BLUE CROSS AND BLUE SHIELD OF IOWA · health$874K · 98 covered
PRINCIPAL LIFE INSURANCE COMPANY · life$11K · 144 covered
Brokers & agents paid · 20241
KHI SOLUTIONS$947
Also brokered by Khi Solutions1

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 421171248 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.