Plan Ledger DOL Form 5500 · updated monthly

King Ocean Agency Inc.benefits

King Ocean Welfare Benefit Plan · DORAL, FL · plan year 2024

Broker compensation reported · 2024
$142,410

King Ocean Agency Inc.'s benefits plans covered 262 active participants in 2024, providing health · life · dental · vision · other. Insurance brokers and agents were paid $142,410 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $544 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 87% from $76,161 in 2023.

Insurance contracts · 20248
UNITED OF OMAHA LIFE INSURANCE COMPANY · visionpremiums n/a · 193 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 262 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · stdpremiums n/a · 94 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · dentalpremiums n/a · 161 covered
UNITED OF OMAHA LIFE INSURANCE COMPANYpremiums n/a · 73 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · stdpremiums n/a · 262 covered
UNITED OF OMAHA LIFE INSURANCE COMPANY · lifepremiums n/a · 85 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · healthpremiums n/a · 218 covered
Brokers & agents paid · 20242
HR BENEFITS SERVICES INC$117,765
HR BENEFITS SERVICES, INC.$24,645 · incl $4,057 fees
Also brokered by HR Benefits Services Inc5

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 208772442 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.