Koch Companies, LLCbenefits

Koch Companies, LLC's benefits plans covered 36,692 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $5,662,185. Insurance brokers and agents were paid $503,907 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.9% of premiums. That is $14 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 38% from $366,172 in 2023.