Plan Ledger DOL Form 5500 · updated monthly

Korum Automotive Group, Inc.benefits

Korum Automotive Group's Health & Welfare Plan · PUYALLUP, WA · plan year 2025

Broker compensation reported · 2025
$65,704

Korum Automotive Group, Inc.'s benefits plans covered 142 active participants in 2025, providing health · life · dental · vision · long-term disability · death benefits · other. Insurance premiums totaled $60,369. Insurance brokers and agents were paid $65,704 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 108.8% of premiums. That is $463 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 18% from $55,734 in 2024.

Insurance contracts · 20256
DELTA DENTAL OF WASHINGTON · dental$60K · 110 covered
CANOPY EAPpremiums n/a · 132 covered
PREMERA BLUE CROSS HMO · health drug vision hmopremiums n/a · 81 covered
VISION SERVICE PLAN · visionpremiums n/a · 109 covered
PREMERA BLUE CROSS · health drug visionpremiums n/a · 81 covered
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY · life ltdpremiums n/a · 142 covered
Brokers & agents paid · 20253
PARKER SMITH & FEEK INSURANCE, LLC$46,317 · incl $9,625 fees
BROWN & BROWN INSURANCE SVCS., INC.$18,883 · incl $254 fees
IMA, INC.$504 · incl $504 fees
Also brokered by Parker Smith & Feek Insurance, LLC4
Whitman College WA$12,890

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 912010963 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.