Plan Ledger DOL Form 5500 · updated monthly

Kongsberg Automotive, Inc.benefits

Kongsberg Automotive, Inc. Employee Medical Benefit Plan · NOVI, MI · plan year 2024

Broker compensation reported · 2024
$140,714

Kongsberg Automotive, Inc.'s benefits plans covered 526 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $342,581. Insurance brokers and agents were paid $140,714 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 41.1% of premiums. That is $268 per covered person, above the median for employer plans that report broker pay. Broker pay rose 181% from $50,158 in 2023.

Insurance contracts · 20249
DELTA DENTAL OF MICHIGAN · dental$343K · 961 covered
RELIASTAR LIFE INSURANCE COMPANY · life ltdpremiums n/a · 566 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 553 covered
METROPOLITAN GENERAL INSURANCE COMPANYpremiums n/a · 41 covered
CURALINC, LLCpremiums n/a · 496 covered
RELIASTAR LIFE INSURANCE COMPANY · health life ltdpremiums n/a · 526 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 6 covered
FIDELITY SECURITY LIFE INSURANCE COMPANY · visionpremiums n/a · 914 covered
CURALINC, LLCpremiums n/a · 550 covered
Brokers & agents paid · 20243
MERCER HEALTH AND BENEFITS, LLC$66,254 · incl $200 fees
Also brokered by Mercer5
Lowes Companies, Inc. NC$10,259,702
Caterpillar Inc. TX$5,319,156

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 382913508 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.