Kennedys Cmk LLPbenefits
Kennedys Cmk LLP Employee Benefits Plan · BERKELEY HEIGHTS, NJ · plan year 2024
Kennedys Cmk LLP's benefits plans covered 404 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $307,231. Insurance brokers and agents were paid $172,394 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 56.1% of premiums. That is $427 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 3.5% from $166,531 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 223493328 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.