Plan Ledger DOL Form 5500 · updated monthly

King Systems Corporationbenefits

King Systems Corporation Health and Welfare Plan · NOBLESVILLE, IN · plan year 2024

Broker compensation reported · 2024
$38,361

King Systems Corporation's benefits plans covered 428 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $97,023. Insurance brokers and agents were paid $38,361 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 39.5% of premiums. That is $90 per covered person, below the median for employer plans that report broker pay. Broker pay fell 6.6% from $41,069 in 2023.

Insurance contracts · 20243
DELTA DENTAL OF INDIANA · dental$97K · 350 covered
RELIASTAR LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 480 covered
Brokers & agents paid · 20243
LOCASCIO, HADDEN & DENNIS$10,031
LOCASCIO, HADDEN & DENNIS, LLC$27,033 · incl $2,499 fees
ADP, INC.$1,297 · incl $1,297 fees
Also brokered by Locascio, Hadden & Dennis5

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 351947294 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.