Plan Ledger DOL Form 5500 · updated monthly

Koinonia Homes, Inc.benefits

Koinonia Homes, Inc. Welfare Benefit Plan · INDEPENDENCE, OH · plan year 2023

Broker compensation reported · 2023
$98,688

Koinonia Homes, Inc.'s benefits plans covered 438 active participants in 2023, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $2,096,994. Insurance brokers and agents were paid $98,688 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.7% of premiums. That is $225 per covered person, above the median for employer plans that report broker pay.

Insurance contracts · 20234
MEDICAL MUTUAL OF OHIO · health drug$2.1M · 176 covered
HUMANA INSURANCE COMPANY · visionpremiums n/a · 169 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · dental life ltdpremiums n/a · 438 covered
Brokers & agents paid · 20231
GALLAGHER BENEFIT SERVICES, INC.$98,688 · incl $36,399 fees
Also brokered by Gallagher5
Prisma Health SC$6,161,180

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Source: DOL Form 5500 Schedule A, plan year 2023, EIN 237412318 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.