Plan Ledger DOL Form 5500 · updated monthly

Koops, Inc.benefits

Koops, Inc. Health and Welfare Benefit Plan · HOLLAND, MI · plan year 2025

Broker compensation reported · 2025
$151,541

Koops, Inc.'s benefits plans covered 322 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $3,356,851. Insurance brokers and agents were paid $151,541 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 4.5% of premiums. That is $471 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 17% from $129,796 in 2024.

Insurance contracts · 20255
BLUE CROSS BLUE SHIELD OF MICHIGAN · health drug ppo$3.1M · 739 covered
DELTA DENTAL OF MICHIGAN · dental$243K · 570 covered
CURALINC LLCpremiums n/a · 281 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · life ltdpremiums n/a · 316 covered
Brokers & agents paid · 20255
KEVIN D. CUMINGS$84,570
BROWN AND BROWN INSURANCE SERVICE$11,340 · incl $11,340 fees
STRATEGIC NON-MEDICAL SLTNS, LLC$12,304 · incl $6,061 fees
BROWN & BROWN INS SERVICES, INC.$41,570 · incl $3,637 fees
BROWN & BROWN INS AGNY OF VA, INC.$1,757 · incl $1,757 fees
Also brokered by Kevin D. Cumings2
Holland Home MI$92,633

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 383266325 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.