Plan Ledger DOL Form 5500 · updated monthly

Kraft Power Corporationbenefits

Kraft Power Corporation Health Benefit Plan · WOBURN, MA · plan year 2025

Broker compensation reported · 2025
$118,033

Kraft Power Corporation's benefits plans covered 140 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $308,243. Insurance brokers and agents were paid $118,033 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 38.3% of premiums. That is $843 per covered person, in the top 10% of employer plans that report broker pay. Broker pay rose 12% from $105,329 in 2024.

Insurance contracts · 20255
STANDARD INSURANCE COMPANY · life$190K · 3,090 covered
STANDARD INSURANCE COMPANY · ltd$83K · 1,620 covered
STANDARD INSURANCE COMPANY · std$35K · 288 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY · health visionpremiums n/a · 162 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dentalpremiums n/a · 110 covered
Brokers & agents paid · 20252
RISK STRATEGIES COMPANY$93,003 · incl $93,003 fees
VARIOUS BROKERS (LIST ATTACHED)$25,030 · incl $3,722 fees
Also brokered by Risk Strategies Company5

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 042381327 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.