Plan Ledger DOL Form 5500 · updated monthly

Klover Sepa, Inc.benefits

Klover Sepa, Inc. Employee Benefits Plan · QUAKERTOWN, PA · plan year 2024

Broker compensation reported · 2024
$52,664

Klover Sepa, Inc.'s benefits plans covered 140 active participants in 2024, providing health · life · dental · vision · short-term disability · death benefits · other. Insurance premiums totaled $238,226. Insurance brokers and agents were paid $52,664 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 22.1% of premiums. That is $376 per covered person, above the median for employer plans that report broker pay. Broker pay fell 5.0% from $55,432 in 2023.

Insurance contracts · 20245
AXIS INSURANCE COMPANY$238K · 121 covered
GUARDIAN LIFE INSURANCE COMPANY · dental vision life std ltdpremiums n/a · 140 covered
ALLONE HEALTHpremiums n/a · 133 covered
HM LIFE INSURANCE COMPANY · stop-losspremiums n/a
SUN LIFE ASSURANCE COMPANY · stop-losspremiums n/a · 122 covered
Brokers & agents paid · 20245
AEGIS GENERAL INSURANCE AGENCY$28,587
ENGLE-HAMBRIGHT & DAVIES, INC.$11,911
ENGLE-HAMBRIGHT & DAVIES$10,635 · incl $359 fees
AMERIHEALTH ADMINISTRATORS INC.$1,480
MAZZMAR LLC$51
Also brokered by Aegis General Insurance Agency4
Ibew Local 777 PA$53,821

Why are you looking at this plan?

More

Source: DOL Form 5500 Schedule A, plan year 2024, EIN 815335337 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.