King Automotive Groupbenefits
King Automotive Group Flexible Benefit Plan · GAITHERSBURG, MD · plan year 2024
Broker compensation reported · 2024
$67,507
King Automotive Group's benefits plans covered 213 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · other. Insurance brokers and agents were paid $67,507 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $317 per covered person, above the median for employer plans that report broker pay. Broker pay fell 36% from $105,484 in 2023.
Insurance contracts · 20246
UNITEDHEALTHCARE INSURANCE COMPANY · health drug dental vision ppopremiums n/a · 131 covered
AMERICAN FIDELITY ASSURANCE COMPANY · health ltdpremiums n/a · 26 covered
AMERICAN FIDELITY ASSURANCE COMPANY · health std ltdpremiums n/a · 11 covered
AMERICAN FIDELITY ASSURANCE COMPANY · health std ltdpremiums n/a · 33 covered
UNITEDHEALTHCARE INSURANCE COMPANY · lifepremiums n/a · 213 covered
AMERICAN FIDELITY ASSURANCE COMPANY · std ltdpremiums n/a · 17 covered
Brokers & agents paid · 20249
THE HILB GROUP OF MARYLAND LLC$43,756 · incl $39,342 fees
AMERICAN FIDELITY ASSURANCE COMPANY$9,303
HILB GROUP OF MARYLAND DBA PSA$8,440
MADS INSURANCE AGENCY$1,630
MADS INSURANCE AGENCY INC.$1,516
AMERICAN FIDELITY ASSURANCE CO.$1,097
MADS INSURANCE AGENCY INC$776
MADS INS AGCY INC$700
PSA INSURANCE & FINANCIAL PARTNERS$289
Also brokered by The Hilb Group of Maryland LLC5
R.E. Michel Company, LLC MD$473,290
Qps, LLC DE$193,596
The Maryland Management Company MD$180,338
Quinn Consulting Services, Inc. VA$166,518
Tourgee & Associates, Inc. MD$159,796
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 522281236 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.