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