Plan Ledger DOL Form 5500 · updated monthly

Kings Oil Tools, Inc.benefits

Kings Oil Tools, Inc. Welfare Health Plan · PASO ROBLES, CA · plan year 2024

Broker compensation reported · 2024
$166,942

Kings Oil Tools, Inc.'s benefits plans covered 247 active participants in 2024, providing health · life · dental · vision · death benefits. Insurance brokers and agents were paid $166,942 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $676 per covered person, in the top quarter of employer plans that report broker pay. Broker pay fell 74% from $640,283 in 2023.

Insurance contracts · 20244
STANDARD INSURANCE COMPANY · lifepremiums n/a · 246 covered
BLUE CROSS OF CALIFORNIA · health drug dental visionpremiums n/a · 441 covered
KAISER FOUNDATION HEALTH PLAN, INC. · health drugpremiums n/a · 193 covered
ANTHEM LIFE INSURANCE COMPANY · lifepremiums n/a
Brokers & agents paid · 20243
MORRIS & GARRITANO INSURANCE AGENCY$128,378 · incl $1,113 fees
WARNER PACIFIC INS. SERVICES, INC.$38,159 · incl $38,159 fees
WARNER PACIFIC INSURANCE SERVICES$405 · incl $405 fees
Also brokered by Morris & Garritano Insurance Agency5
Ixsystems CA$141,895

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 942850782 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.