Plan Ledger DOL Form 5500 · updated monthly

Krebs Land Development, LLCbenefits

Krebs Land Development, LLC · PALATKA, FL · plan year 2024

Broker compensation reported · 2024
$61,201

Krebs Land Development, LLC's benefits plans covered 175 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $893,210. Insurance brokers and agents were paid $61,201 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 6.9% of premiums. That is $350 per covered person, above the median for employer plans that report broker pay. Broker pay rose 9.8% from $55,757 in 2023.

Insurance contracts · 20242
BLUE CROSS BLUE SHIELD OF FLORIDA · health$893K · 118 covered
PRINCIPAL LIFE INSURANCE COMPANY · dental vision life std ltd ppopremiums n/a · 286 covered
Brokers & agents paid · 20242
INSURANCE OFFICE OF AMERICA$61,196 · incl $7,140 fees
VELOCITY BENEFITS$5 · incl $5 fees
Also brokered by Insurance Office of America5
Porven LTD NJ$289,775

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 204883523 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.