Plan Ledger DOL Form 5500 · updated monthly

Kit Carson Electric Cooperative, Inc.benefits

Kit Carson Electric Cooperative, Inc. Welfare Benefit Plan · TAOS, NM · plan year 2025

Broker compensation reported · 2025
$80,564

Kit Carson Electric Cooperative, Inc.'s benefits plans covered 233 active participants in 2025, providing health · dental · vision · long-term disability. Insurance premiums totaled $99,718. Insurance brokers and agents were paid $80,564 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 80.8% of premiums. That is $346 per covered person, above the median for employer plans that report broker pay. Broker pay rose 7.4% from $74,980 in 2024.

Insurance contracts · 20255
DELTA DENTAL OF NEW MEXICO · dental$100K · 216 covered
BLUECROSS BLUESHIELD OF NEW MEXICO · health drugpremiums n/a · 233 covered
VISION CARE DIRECT · visionpremiums n/a · 123 covered
UNUM LIFE INSURANCE COMPANY OF AMERICA · ltdpremiums n/a · 41 covered
UNITEDHEALTHCARE INSURANCE COMPANY · visionpremiums n/a · 22 covered
Brokers & agents paid · 20255
BROWN & BROWN OF NEW MEXICO$70,222 · incl $1,615 fees
BROWN & BROWN INSURANCE SERVICES$8,856 · incl $719 fees
BROWN & BROWN VA MANASSAS$81 · incl $81 fees
Also brokered by Brown & Brown5
Mayo Clinic MN$2,113,920
Srm Concrete, LLC TN$1,393,063

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 850081882 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.