Kentucky Construction Industry Trustbenefits
Kentucky Construction Industry Trust · LEXINGTON, KY · plan year 2024
Kentucky Construction Industry Trust's benefits plans covered 6,612 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $733,546. Insurance brokers and agents were paid $1,220,591 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 166.4% of premiums. That is $185 per covered person, below the median for employer plans that report broker pay. Broker pay fell 2.6% from $1,253,804 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 616094900 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.