Plan Ledger DOL Form 5500 · updated monthly

Kentucky Farm Bureau Mutual Insurance Companybenefits

Kentucky Farm Bureau Mutual Insurance Company Health & Welfare Plan · LOUISVILLE, KY · plan year 2024

Broker compensation reported · 2024
$76,876

Kentucky Farm Bureau Mutual Insurance Company's benefits plans covered 1,001 active participants in 2024, providing health · dental · vision · other. Insurance premiums totaled $1,103,791. Insurance brokers and agents were paid $76,876 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 7.0% of premiums. That is $77 per covered person, below the median for employer plans that report broker pay. Broker pay rose 18% from $65,011 in 2023.

Insurance contracts · 20244
DELTA DENTAL OF KENTUCKY · dental$517K · 2,073 covered
SOUTHERN FARM BUREAU LIFE INSURANCE COMPANY · life$490K · 1,073 covered
DELTA DENTAL OF KENTUCKY · vision$97K · 1,297 covered
ANTHEM MEDICARE PREFERRED · health drug ppopremiums n/a · 451 covered
Brokers & agents paid · 20242
BENEFIT INSURANCE MARKETING INC$9,707
BENEFIT INSURANCE MARKETING, INC.$67,169
Also brokered by Benefit Insurance Marketing Inc5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 610392792 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.