Kenmode Tool & Engineering, Inc.benefits
Kenmode Tool & Engineering, Inc. Welfare Plan · ALGONQUIN, IL · plan year 2024
Broker compensation reported · 2024
$113,481
Kenmode Tool & Engineering, Inc.'s benefits plans covered 112 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance brokers and agents were paid $113,481 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $1,013 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 3.1% from $110,059 in 2023.
Insurance contracts · 20243
PRINCIPAL LIFE INSURANCE COMPANY · dentalpremiums n/a · 231 covered
BLUECROSS BLUESHIELD OF ILLINOIS · health drug hmo ppopremiums n/a · 195 covered
DEARBORN LIFE INSURANCE COMPANY · vision life std ltdpremiums n/a · 141 covered
Brokers & agents paid · 20244
BETTER BUSINESS PLANNING, INC.$33,859 · incl $803 fees
RSC INSURANCE BROKERAGE, INC.$74,103 · incl $4,329 fees
EMERSON ROGERS, LLC$2,933 · incl $2,933 fees
SELMAN & COMPANY, LLC$2,586 · incl $2,586 fees
Also brokered by Better Business Planning, Inc.1
Porte Brown LLC IL$938
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 362426263 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.